4//SEC Filing
CLEAN DIESEL TECHNOLOGIES INC 4
Accession 0001513162-15-000487
CIK 0000949428operating
Filed
Aug 10, 8:00 PM ET
Accepted
Aug 11, 5:04 PM ET
Size
18.4 KB
Accession
0001513162-15-000487
Insider Transaction Report
Form 4
Shea David Eric
Corporate Controller
Transactions
- Exercise/Conversion
Common Stock
2015-08-07+4,079→ 16,146 total - Exercise/Conversion
Restricted Share Units
2015-08-07−5,000→ 10,000 total→ Common Stock (5,000 underlying) - Exercise/Conversion
Restricted Share Units
2015-08-07−2,614→ 0 total→ Common Stock (2,614 underlying) - Exercise/Conversion
Common Stock
2015-08-07+2,614→ 12,067 total - Exercise/Conversion
Common Stock
2015-08-07+5,000→ 21,146 total - Sale
Common Stock
2015-08-10$1.45/sh−4,616$6,697→ 16,530 total - Exercise/Conversion
Restricted Share Units
2015-08-07−4,079→ 4,080 total→ Common Stock (4,079 underlying)
Footnotes (9)
- [F1]Shares of Common Stock acquired upon settlement of Restricted Share Units ("RSUs") granted May 24, 2012 pursuant to the Clean Diesel Technologies, Inc. ("CDTI") Stock Incentive Plan.
- [F2]Shares of Common Stock acquired upon settlement of RSUs granted March 20, 2013 pursuant to the CDTI Stock Incentive Plan.
- [F3]Shares of Common Stock acquired upon settlement of RSUs granted February 20, 2014 pursuant to the CDTI Stock Incentive Plan.
- [F4]Shares were sold to cover the reporting person's tax obligation in connection with the issuance of the RSUs and conversion into shares of Common Stock.
- [F5]The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.45 to $1.47, inclusive. The reporting person undertakes to provide CDTI, and security holder of CDTI or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- [F6]Each RSU represents a contingent right to receive one share of CDTI common stock.
- [F7]RSU vests as to 1/3 on each of March 20, 2013, March 20, 2014 and March 20, 2015. 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. RSUs that have not vested at the time of the reporting person's termination, for any or no reason other than death, will be forfeited.
- [F8]RSU vests as to 1/3 on each of March 20, 2014, March 20, 2015 and March 20, 2016. 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. RSUs that have not vested at the time of the reporting person's termination, for any or no reason other than death, will be forfeited.
- [F9]RSU vests as to 1/3 on each of March 20, 2015, March 20, 2016 and March 20, 2017. 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. RSUs that have not vested at the time of the reporting person's termination, for any or no reason other than death, will be forfeited.
Documents
Issuer
CLEAN DIESEL TECHNOLOGIES INC
CIK 0000949428
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000949428
Filing Metadata
- Form type
- 4
- Filed
- Aug 10, 8:00 PM ET
- Accepted
- Aug 11, 5:04 PM ET
- Size
- 18.4 KB