4//SEC Filing
Vonne Elizabeth Karpinski 4
Accession 0001209191-24-004463
CIK 0000927003other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 7:18 PM ET
Size
14.6 KB
Accession
0001209191-24-004463
Insider Transaction Report
Form 4
Vonne Elizabeth Karpinski
EVP, General Counsel
Transactions
- Disposition to Issuer
Common Stock
2024-03-01−438→ 9,211 total - Tax Payment
Common Stock
2024-03-01$101.20/sh−574$58,089→ 8,637 total - Award
Restricted Stock Units
2024-03-01+5,877→ 5,877 totalExercise: $0.00→ Common Stock (5,877 underlying) - Award
Performance Units
2024-03-01+5,877→ 5,877 totalExercise: $0.00→ Common Stock (5,877 underlying) - Award
Phantom Stock
2024-03-01+438→ 438 total→ Common Stock (438 underlying)
Footnotes (6)
- [F1]In connection with the 03/01/2024 vesting of previously granted restricted stock units, the reporting person's receipt of 438 shares of common stock was deferred pursuant to the reporting person's election under the Company's deferred compensation plan (the "Plan"), resulting in the reporting person's receipt instead of 438 shares of phantom stock.
- [F2]Payment of tax liability by withholding securities incident to vesting of restricted stock units.
- [F3]Represents 6,933 unvested restricted stock units and 1,704 shares of common stock.
- [F4]Employee restricted stock units granted 3/1/2024 under the Company's 2024 Long-Term Incentive Plan ("2024 LTI Plan"), which will vest in 3 equal installments beginning on the first anniversary of the grant date.
- [F5]These performance share awards were issued pursuant to the 2024 LTI Plan at 100% of target, have a 3-year vest period, and will vest in all or in part upon achievement of performance metrics. Any awards that have not been vested and released at the end of the 3-year period will be canceled.
- [F6]Each share of phantom stock represents a right to receive one share of common stock or the cash value thereof. Shares of phantom stock become payable in accordance with the reporting person's distribution elections made pursuant to the Plan or upon the reporting person's termination of service, death, or disability. Subject to certain timing restrictions, the reporting person may transfer some or all of the shares of phantom stock into alternative investments under the terms of the Plan.
Documents
Issuer
ADVANCED ENERGY INDUSTRIES INC
CIK 0000927003
Entity typeother
Related Parties
1- filerCIK 0001923149
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 7:18 PM ET
- Size
- 14.6 KB