4//SEC Filing
Winemaster Kenneth J 4
Accession 0001209191-11-054012
CIK 0001137091other
Filed
Nov 1, 8:00 PM ET
Accepted
Nov 2, 7:59 PM ET
Size
8.7 KB
Accession
0001209191-11-054012
Insider Transaction Report
Form 4
Winemaster Kenneth J
DirectorSVP & SECRETARY10% Owner
Transactions
- Conversion
Series A Convertible Preferred Stock
2011-08-26−33,291.308→ 0 totalFrom: 2011-04-29→ Common Stock (2,774,276 underlying) - Conversion
Common Stock
2011-08-26+2,774,276→ 2,883,651 total
Footnotes (2)
- [F1]Each share of Series A Convertible Preferred Stock was initially convertible at any time at the election of the holder thereof into a number of shares of the issuer's common stock equal to the result of $1,000 (the liquidation preference of each share of Series A Convertible Preferred Stock) divided by the conversion price then in effect. The initial conversion price was $0.375, and was subject to full ratchet anti-dilution protection and to other adjustments for non-cash dividends, distributions, stock splits or other subdivisions or reclassifications of the issuer's common stock. On August 26, 2011, Power Solutions International, Inc., a Nevada corporation, merged with and into its wholly owned subsidiary, Power Solutions International, Inc., a Delaware corporation, pursuant to an agreement and plan of merger between Power Solutions International, Inc., a Delaware corporation, and Power Solutions International, Inc., a Nevada corporation (collectively, the "Migratory Merger").
- [F2](continued from Footnote 1) Power Solutions International, Inc., a Delaware corporation, continued as the surviving entity of the Migratory Merger. Pursuant to the Migratory Merger, the issuer changed its state of incorporation from Nevada to Delaware and each 32 shares of the issuer's common stock converted into one share of common stock of the surviving entity in the Migratory Merger, thereby effecting a 1-for-32 reverse stock split of the issuer's common stock (the "Reverse Split"). Upon the consummation of the Migratory Merger (including the Reverse Split effected thereby), each issued and outstanding share of Series A Convertible Preferred Stock automatically converted into shares of the issuer's common stock, at a conversion price of $12.00 per share, as adjusted for the Reverse Split.
Documents
Issuer
POWER SOLUTIONS INTERNATIONAL, INC.
CIK 0001137091
Entity typeother
Related Parties
1- filerCIK 0001517041
Filing Metadata
- Form type
- 4
- Filed
- Nov 1, 8:00 PM ET
- Accepted
- Nov 2, 7:59 PM ET
- Size
- 8.7 KB