Fuel Systems Solutions, Inc. 4
4 · Fuel Systems Solutions, Inc. · Filed May 2, 2016
Insider Transaction Report
Form 4
HELFAND MICHAEL
Sr VP Finance/CAO
Transactions
- Exercise/Conversion
Common Stock
2016-04-24+6,000→ 6,000 total - Exercise/Conversion
Restricted Stock Units
2016-04-24−6,000→ 12,000 total→ Common Stock (6,000 underlying) - Disposition to Issuer
Common Stock
2016-04-24$5.31/sh−6,000$31,860→ 0 total
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.