4//SEC Filing
SCHOCKEMOEHL GENE F 4
Accession 0001181431-13-019810
CIK 0001136294other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 9:41 PM ET
Size
9.5 KB
Accession
0001181431-13-019810
Insider Transaction Report
Form 4
SCHOCKEMOEHL GENE F
Senior Vice President
Transactions
- Award
Common Stock, $0.01 par value per share
2013-03-28+2,333→ 170,409 total - Tax Payment
Common Stock, $0.01 par value per share
2013-03-31$17.62/sh−6,586$116,045→ 173,926 total - Award
Common Stock, $0.01 par value per share
2013-03-31+10,103→ 180,512 total
Footnotes (4)
- [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., 778, 778 and 777 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]Includes 3 shares inadvertently omitted from the reporting person's previously filed forms as a result of a rounding error associated with Global Power Equipment Group Inc.'s reverse stock split.
- [F3]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, 5,034, 1,562 and 875 of the restricted stock units will vest on March 31, 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 10,103 restricted stock units. Any units that do not vest will be forfeited.
- [F4]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 0001229184
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 9:41 PM ET
- Size
- 9.5 KB