4//SEC Filing
XERIUM TECHNOLOGIES INC 4
Accession 0001287151-15-000022
CIK 0001287151operating
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:37 PM ET
Size
5.6 KB
Accession
0001287151-15-000022
Insider Transaction Report
Form 4
Bly Michael
EVP of Global Human Resources
Transactions
- Award
Common Stock
2015-03-02+7,827→ 41,564 total
Footnotes (2)
- [F1]Represents a new grant of 7,827 stock units ("Stock Units"), comprised of 2,740 time-based restricted stock units ("RSUs") and 5,087 performance-based stock units ("PSUs"). Each Stock Unit represents a contingent right to receive one share of common stock of the Issuer upon vesting of the underlying Stock Unit. The RSUs shall vest on March 2, 2018 and the PSUs shall vest, if at all, upon the attainment of certain performance criteria established by the Board of Directors of the Issuer. Subject to early acceleration and payment under certain circumstances consistent with the terms of the Issuer's 2015-2017 Long Term Incentive Plan and LTIP Share Agreement thereunder, delivery of the common stock underlying the Stock Units is subject to the Reporting Person's continued service to the Issuer through March 2, 2018.
- [F2]This amount represents shares of common stock underlying Stock Units granted to the Reporting Person.
Documents
Issuer
XERIUM TECHNOLOGIES INC
CIK 0001287151
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001287151
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:37 PM ET
- Size
- 5.6 KB