4//SEC Filing
XERIUM TECHNOLOGIES INC 4
Accession 0001287151-16-000154
CIK 0001287151operating
Filed
May 4, 8:00 PM ET
Accepted
May 5, 8:46 PM ET
Size
5.7 KB
Accession
0001287151-16-000154
Insider Transaction Report
Form 4
Butterfield William
Chief Technology Officer
Transactions
- Award
Common Stock
2016-05-04+27,396→ 66,804 total
Footnotes (2)
- [F1]Represents a grant of 27,396 stock units ("Stock Units"), comprised of 9,588 time-based restricted stock units ("RSUs") and 17,808 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 May 4, 2019 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 2016-2018 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 May 4, 2019.
- [F2]This amount represents shares of common stock held by the Reporting Person and 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
- May 4, 8:00 PM ET
- Accepted
- May 5, 8:46 PM ET
- Size
- 5.7 KB