4//SEC Filing
Robuck Kenneth W 4
Accession 0001209191-12-021694
CIK 0001136294other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 9:47 PM ET
Size
7.5 KB
Accession
0001209191-12-021694
Insider Transaction Report
Form 4
Robuck Kenneth W
SVP & President of Services
Transactions
- Tax Payment
Common Stock, $0.01 par value per share
2012-03-31$27.70/sh−15,618$432,619→ 109,952 total - Award
Common Stock, $0.01 par value per share
2012-03-31+24,065→ 125,570 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 on July 21, 2011 pursuant to the Company's 2011 Equity Incentive Plan. Pursuant to the terms of the awards, 14,905, 6,805 and 1,250 of the restricted stock units will vest on March 31 of 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 24,065 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 0001495359
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 9:47 PM ET
- Size
- 7.5 KB