Fuel Systems Solutions, Inc. 4
4 · Fuel Systems Solutions, Inc. · Filed May 2, 2016
Insider Transaction Report
Form 4
BERSANI PIETRO
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2016-04-24+7,000→ 7,000 total - Disposition to Issuer
Common Stock
2016-04-24$5.31/sh−7,000$37,170→ 0 total - Exercise/Conversion
Restricted Stock Units
2016-04-24−7,000→ 14,000 total→ Common Stock (7,000 underlying)
Footnotes (2)
- [F1]Restricted Stock Units ("RSUs") granted under the Company's 2009 Restricted Stock Plan. Each RSU represents the right to receive one share of the Company's common stock, par value $0.001 per share, or at the discretion of the Compensation Committee, cash equal to the fair market value of a share of common stock subject to vesting conditions.
- [F2]On April 24, 2016, 33.3% of this RSU award vested and was settled in cash. The balance of this RSU award is scheduled to vest in equal increments on April 24, 2017 and April 24, 2018.