CLEAN DIESEL TECHNOLOGIES INC 4
4 · CLEAN DIESEL TECHNOLOGIES INC · Filed May 21, 2015
Insider Transaction Report
Form 4
Engles Charles Robert
Director
Transactions
- Exercise/Conversion
Common Stock
2015-05-19+5,882→ 30,875 total - Award
Restricted Share Units
2015-05-20+15,075→ 15,075 total→ Common Stock (15,075 underlying) - Exercise/Conversion
Restricted Share Units
2015-05-19−5,882→ 0 total→ Common Stock (5,882 underlying)
Footnotes (4)
- [F1]Shares of Common Stock acquired upon settlement of Restricted Share Units (RSUs) granted May 21, 2014 pursuant to the Clean Diesel Technologies, Inc. (CDTI) Stock Incentive Plan.
- [F2]Each Restricted Share Unit (RSU) represents a contingent right to receive one share of Issuer's common stock.
- [F3]RSU vests as to 50% on November 21, 2014 and 50% on the earlier of 1) May 21, 2015, or 2) immediately prior to the commencement of the Issuer's 2015 annual meeting of stockholders, in each case as long as the reporting person has continuously remained a director of, or consultant to, the Issuer through such date. Issuance to occur as soon as practicable following the date of vesting and subject to compliance with Issuer's Insider Trading Policy, but in all cases within two and one-half months following the end of the Issuer's tax year that includes the date such RSUs vest.
- [F4]RSU vests as to 50% on November 20, 2015 and 50% on the earlier of 1) May 20, 2016, or 2) immediately prior to the commencement of the Issuer's 2016 annual meeting of stockholders, in each case as long as the reporting person has continuously remained a director of, or consultant to, the Issuer through such date. Issuance to occur as soon as practicable following the date of vesting and subject to compliance with Issuer's Insider Trading Policy, but in all cases within two and one-half months following the end of the Issuer's tax year that includes the date such RSUs vest.