4//SEC Filing
Glover Dean J 4
Accession 0001209191-12-021689
CIK 0001136294other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 9:43 PM ET
Size
7.5 KB
Accession
0001209191-12-021689
Insider Transaction Report
Form 4
Glover Dean J
SVP & President of Products
Transactions
- Tax Payment
Common Stock, $0.01 par value per share
2012-03-31$27.70/sh−11,172$309,464→ 142,383 total - Award
Common Stock, $0.01 par value per share
2012-03-31+17,621→ 153,555 total
Footnotes (2)
- [F1]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 June 23, 2008, February 9, 2009 and March 23, 2010 pursuant to the Company's 2008 Management Incentive Plan and July 21, 2011 pursuant to the Company's 2011 Equity Incentive Plan. Pursuant to the terms of the awards, 13,266, 5,166 and 1,000 of the restricted stock units will vest on March 31, 2013, 2014, and 2015 respectively, subject to the Company's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2012, 2013 and 2014, and further subject to continued employment through the vesting date. The performance criteria for 2011 were met, resulting in the vesting of 17,621 restricted stock units. Any units that do not vest will be forfeited.
- [F2]Reflects withholding of shares by the Company to offset the tax liability resulting from the vesting on March 31, 2012 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 0001496098
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 9:43 PM ET
- Size
- 7.5 KB