4//SEC Filing
XERIUM TECHNOLOGIES INC 4
Accession 0001287151-16-000213
CIK 0001287151operating
Filed
Aug 2, 8:00 PM ET
Accepted
Aug 3, 5:35 PM ET
Size
5.6 KB
Accession
0001287151-16-000213
Insider Transaction Report
Form 4
Burke Robert Patrick
President - Xerium of Asia
Transactions
- Award
Common Stock
2016-08-02+24,462→ 24,467 total
Footnotes (2)
- [F1]Represents a grant of 24,462 stock units ("Stock Units"), comprised of 8,562 time-based restricted stock units ("RSUs") and 15,900 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
- Aug 2, 8:00 PM ET
- Accepted
- Aug 3, 5:35 PM ET
- Size
- 5.6 KB