4//SEC Filing
Robuck Kenneth W 4
Accession 0001181431-13-019807
CIK 0001136294other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 9:36 PM ET
Size
9.4 KB
Accession
0001181431-13-019807
Insider Transaction Report
Form 4
Robuck Kenneth W
SVP & President of Services
Transactions
- Award
Common Stock, $0.01 par value per share
2013-03-31+16,280→ 129,899 total - Tax Payment
Common Stock, $0.01 par value per share
2013-03-31$17.62/sh−12,486$220,003→ 117,413 total - Award
Common Stock, $0.01 par value per share
2013-03-28+3,667→ 113,619 total
Footnotes (3)
- [F1]Restricted stock units granted under the Global Power Equipment Group Inc. 2011 Equity Incentive Plan. Of the restricted stock units, each of which represents the right to receive one share of common stock of Global Power Equipment Group Inc., 1,223, 1,222 and 1,222 will vest on March 31 of each of 2014, 2015 and 2016, respectively, subject to continued employment through the vesting date. Any units that do not vest will be forfeited.
- [F2]Reflects the award of common stock pursuant to awards of performance-based restricted stock units, each of which represents the right to receive one share of common stock of Global Power Equipment Group Inc. (the "Company"), granted on each of February 9, 2009 and March 23, 2010 pursuant to the Company's 2008 Management Incentive Plan, and on July 21, 2011 and March 22, 2012 pursuant to the Company's 2011 Equity Incentive Plan. Pursuant to the terms of the awards, 8,180, 2,625 and 1,375 of the restricted stock units will vest on March 31 of 2014, 2015, and 2016, respectively, subject to the Company's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2013, 2014 and 2015, and further subject to continued employment through the vesting date. The performance criteria for 2012 were met, resulting in the vesting of 16,280 restricted stock units. Any units that do not vest will be forfeited.
- [F3]Reflects withholding of shares by the Company to offset the tax liability resulting from the vesting on March 31, 2013 of restricted stock units as reported in this Form 4.
Documents
Issuer
GLOBAL POWER EQUIPMENT GROUP INC.
CIK 0001136294
Entity typeother
Related Parties
1- filerCIK 0001495359
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 9:36 PM ET
- Size
- 9.4 KB