4//SEC Filing
KELLER DAVID L 4
Accession 0001209191-12-021690
CIK 0001136294other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 9:44 PM ET
Size
7.4 KB
Accession
0001209191-12-021690
Insider Transaction Report
Form 4
KELLER DAVID L
DirectorPresident & CEO
Transactions
- Tax Payment
Common Stock, $0.01 par value per share
2012-03-31$27.70/sh−9,995$276,862→ 88,372 total - Award
Common Stock, $0.01 par value per share
2012-03-31+16,686→ 98,367 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 September 14, 2009 and March 23, 2010 pursuant to the Company's 2008 Management Incentive Plan and on July 21, 2011 pursuant to the Company's 2011 Equity Incentive Plan. Pursuant to the terms of the awards, 16,686, 6,270 and 4,187 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 16,686 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 0001199542
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 9:44 PM ET
- Size
- 7.4 KB