Home/Filings/4/0001181431-13-013414
4//SEC Filing

Adams Timothy C 4

Accession 0001181431-13-013414

CIK 0001043186other

Filed

Feb 27, 7:00 PM ET

Accepted

Feb 28, 6:26 PM ET

Size

19.6 KB

Accession

0001181431-13-013414

Insider Transaction Report

Form 4
Period: 2013-02-25
Adams Timothy C
Vice President & President
Transactions
  • Exercise/Conversion

    Restricted Stock Units Dated February 27, 2012

    2013-02-257682,304 total
    Common Stock (768 underlying)
  • Exercise/Conversion

    Restricted Stock Units Dated February 27, 2009

    2013-02-251,2180 total
    Common Stock (1,218 underlying)
  • Exercise/Conversion

    Restricted Stock Units Dated February 25,2011

    2013-02-251,8003,600 total
    Common Stock (1,800 underlying)
  • Exercise/Conversion

    Restricted Stock Units Dated February 26, 2010

    2013-02-252,7842,784 total
    Common Stock (2,784 underlying)
  • Award

    Common Stock

    2013-02-25$4.95/sh+6,570$32,52215,951 total
  • Tax Payment

    Common Stock

    2013-02-25$4.95/sh2,146$10,62313,805 total
  • Award

    Restricted Stock Units Dated February 25, 2013

    2013-02-25+9,6009,600 total
    Common Stock (9,600 underlying)
  • Award

    Restricted Stock Units Dated February 25, 2013

    2013-02-25+2,4002,400 total
    Common Stock (2,400 underlying)
Footnotes (7)
  • [F1]Represents an incentive compensation award. Vesting of the award is subject to attainment of 2013 performance criteria. Vested restricted stock units convert into common stock on a one-to-one basis in four equal annual installments from the transaction date, subject to a continuing employment requirement.
  • [F2]Represents an incentive compensation award. Converts into common stock on a one-to one basis in four equal annual installments from the transaction date, subject to a continuing employment requirement.
  • [F3]Represents common stock issued on conversion of Restricted Stock Units (RSUs).
  • [F4]768 RSU's converted to common stock, 11,232 RSU's were terminated and 2,304 will convert to common stock on a one-to-one basis in annual installments of 768 shares in 2014,2015, and 2016 subject to continuing employment requirement.
  • [F5]1,218 RSUs converted to common stock on a one-to-one basis.
  • [F6]1,800 RSU's converted to common stock and 3,600 will convert to common stock on a one-to-one basis in annual installments of 1,800 shares in 2014 and 2015 subject to continuing employment requirement.
  • [F7]2,784 RSU's converted to common stock and 2,784 will convert to common stock on a one-to-one basis in annual installment of 2,784 shares in 2014 subject to continuing employment requirement.

Issuer

American Electric Technologies Inc

CIK 0001043186

Entity typeother

Related Parties

1
  • filerCIK 0001314127

Filing Metadata

Form type
4
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 6:26 PM ET
Size
19.6 KB