4//SEC Filing
POWER SOLUTIONS INTERNATIONAL, INC. 4
Accession 0001181431-13-045618
$PSIXCIK 0001137091operating
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 8:51 PM ET
Size
10.6 KB
Accession
0001181431-13-045618
Insider Transaction Report
Form 4
Cohen Eric A.
Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2013-08-15$48.75/sh−42,314$2,062,808→ 54,190 total - Exercise/Conversion
Common Stock
2013-08-15$22.07/sh+181,291$4,001,092→ 181,291 total - Exercise/Conversion
Stock Appreciation Right
2013-08-15−181,291→ 362,581 totalExercise: $22.07Exp: 2022-06-06→ Common Stock (181,291 underlying) - Disposition to Issuer
Common Stock
2013-08-15$47.19/sh−84,787$4,001,099→ 96,504 total
Footnotes (2)
- [F1]Represent deemed dispositions of shares of common stock to the Issuer in connection with the exercise of the stock appreciation right (the "SAR"), including as a result of withholding of shares of common stock to satisfy tax withholding obligations.
- [F2]The Issuer granted the SAR on June 6, 2012 (the "Grant Date"), subject to stockholder approval of the Issuer's 2012 Incentive Compensation Plan (the "2012 Plan") under which the SAR was granted. The Issuer's stockholders approved the 2012 Plan on August 29, 2012. The SAR vests and becomes exercisable in three equal installments on each of the first, second and third anniversaries of the Grant Date. However, the SAR provided that it was not to become exercisable until the date that is the later of (a) the date the Issuer's stockholders approve the 2012 Plan and (b) the last of any seven Valuation Dates (as defined in the award agreement) within any period of ten or fewer Valuation Dates that commence after the Grant Date and prior to June 6, 2022, on each of which the market value per share of common stock (determined as provided in the award agreement) is at least $22.07. Such market condition has been satisfied.
Documents
Issuer
POWER SOLUTIONS INTERNATIONAL, INC.
CIK 0001137091
Entity typeoperating
IncorporatedIL
Related Parties
1- filerCIK 0001137091
Filing Metadata
- Form type
- 4
- Filed
- Aug 18, 8:00 PM ET
- Accepted
- Aug 19, 8:51 PM ET
- Size
- 10.6 KB