4//SEC Filing
Ramirez Luis Manuel 4
Accession 0001181431-13-019812
CIK 0001136294other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 9:43 PM ET
Size
9.3 KB
Accession
0001181431-13-019812
Insider Transaction Report
Form 4
Ramirez Luis Manuel
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock, $0.01 par value per share
2013-03-31$17.62/sh−2,290$40,350→ 29,814 total - Award
Common Stock, $0.01 par value per share
2013-03-31+4,187→ 32,104 total - Award
Common Stock, $0.01 par value per share
2013-03-28+11,167→ 27,917 total
Footnotes (3)
- [F1]Restricted share units granted under the Global Power Equipment Group Inc. 2011 Equity Incentive Plan. Of the restricted share units, each of which represents the right to receive one share of common stock of Global Power Equipment Group Inc., 3,723, 3,722 and 3,722 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 July 1, 2012 pursuant to the Company's 2011 Equity Incentive Plan. Pursuant to the terms of the awards, 4,187, 4,188 and 4,188 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 4,187 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 0001553477
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 9:43 PM ET
- Size
- 9.3 KB