ADVANCED ENERGY INDUSTRIES INC 4
4 · ADVANCED ENERGY INDUSTRIES INC · Filed Mar 25, 2014
Insider Transaction Report
Form 4
BECK RICHARD P
Director
Transactions
- Exercise/Conversion
Stock Options (right to buy)
2014-03-24−5,000→ 0 totalExercise: $14.40From: 2004-05-05Exp: 2014-05-05→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2014-03-21$10.90/sh+5,000$54,500→ 43,232 total - Gift
Common Stock
2014-03-21−2,000→ 31,232 total - Exercise/Conversion
Stock Options (right to buy)
2014-03-24−5,000→ 0 totalExercise: $10.90From: 2005-05-04Exp: 2015-05-04→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2013-03-21$14.40/sh+5,000$72,000→ 38,232 total - Sale
Common Stock
2013-03-21$27.10/sh−10,000$271,032→ 33,232 total
Footnotes (5)
- [F1]Shares sold in accordance with 10b5-1 trading plan.
- [F2]The price reported in Column 4 is an average price. These shares were sold in multiple transactions at prices ranging from 26.7025 to 27.39. The reporting person undertakes to provide to Advanced Energy, any security holder of Advanced Energy, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]Shares held in the Richard P Beck Trust u/a dated July 19, 2000. Mr. Beck entered into a 10b5-1 for the purposes of gifting shares to The Polar Bears International. 2,000 shares were gifted to the Polar Bears International on 3/21/2014.
- [F4]Mr. Beck has been granted a total of 60,000 RSUs in eight grants: (A) 2,000 RSUs granted on May 24, 2006; (B) 16,000 RSUs granted on May 2, 2007; (C) 6,000 RSUs granted on May 7, 2008; (D) 6,000 RSUs granted on May 6, 2009; (E) 6,000 RSUs granted on May 4, 2010. These grants vest annually in four equal installments beginning one year from grant date. (F) 8,000 RSUs granted on May 4, 2011; (G) 8,000 RSUs granted on May 2, 2012; (H) 8,000 RSUs granted on May 1, 2013 all (E-H) vested 100% on the first anniversary of the grant date. As of this filing, 50,500 restricted stock units vested. 21,232 of these shares are held in street name.
- [F5]As of this filing date, Mr. Beck all available granted options have vested and have been exercised.