Harris Christopher Jay 4
4 · CLEAN DIESEL TECHNOLOGIES INC · Filed Mar 22, 2013
Insider Transaction Report
Form 4
Harris Christopher Jay
President
Transactions
- Exercise/Conversion
Common Stock
2013-03-20+5,446→ 6,960 total - Sale
Common Stock
2013-03-21$2.15/sh−2,363$5,088→ 4,597 total - Exercise/Conversion
Restricted Share Units
2013-03-20−5,446→ 10,893 total→ Common Stock (5,446 underlying) - Award
Restricted Share Units
2013-03-20+19,122→ 19,122 total→ Common Stock (19,122 underlying)
Footnotes (5)
- [F1]Shares of Common Stock acquired upon vesting of Restricted Share Units (RSUs) granted February 22, 2012 pursuant to the CDTI Stock Incentive Plan.
- [F2]Shares were sold to cover the reporting person's tax obligation in connection with the vesting of RSUs and conversion into shares of Common Stock.
- [F3]Each RSU represents a contingent right to receive one share of CDTI common stock.
- [F4]RSUs vest as to 1/3 on each of March 20, 2013, March 20, 2014, and March 20, 2015. Issuance will occur on vest date subject to compliance with Issuer's Insider Trading Policy and all applicable requirements of federal, state or foreign law with respect to such securities. RSUs that have not vested at the time of the reporting person's termination of service, for any or no reason other than death, will be forfeited.
- [F5]RSUs vest as to 1/3 on each the first, second and third anniversaries of the grant date. Issuance will occur on vest date subject to compliance with Issuer's Insider Trading Policy and all applicable requirements of federal, state or foreign law with respect to such securities. RSUs that have not vested at the time of the reporting person's termination of service, for any or no reason other than death, will be forfeited.