4//SEC Filing
Roser Craig 4
Accession 0001700443-19-000001
CIK 0001024795other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 2:12 PM ET
Size
10.4 KB
Accession
0001700443-19-000001
Insider Transaction Report
Form 4
Roser Craig
Other
Transactions
- Award
Performance-Based Restricted Stock Units
2019-02-22+1,881→ 1,881 totalExercise: $0.00→ Common Stock (1,881 underlying) - Award
Restricted Stock Units
2019-02-22+1,881→ 1,881 totalExercise: $0.00→ Common Stock (1,881 underlying)
Holdings
- 19,525.733
Common Stock
- 322.009(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]Includes shares purchased through the Sun Hydraulics Corporation Employee Stock Purchase Plan (9.5765 during the quarter ended March 31, 2018, 10.687 during the quarter ended June 30, 2018, 10.7104 during the quarter ended September 29, 2018, and 15.5844 during the quarter ended December 29, 2018).
- [F2]Reflects allocations of shares under the Sun Hydraulics Corporation Employee Stock Ownership Plan.
- [F3]Each performance-based Restricted Stock Unit (RSU) represents the right to receive, following vesting, up to 150% of one share of Sun Hydraulics common stock (Common Stock). The number of shares of Common Stock acquired upon vesting of the performance-based RSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year performance period beginning on the first day of the Company's fiscal year ending December 28, 2019 and ending on the last day of the Company's fiscal year ending January 1, 2022.
- [F4]Unless earlier forfeited under the terms of the performance-based RSU, each performance-based RSU vests and converts into no more than 150% of one share of Common Stock after the determination of the achievement of the performance goals during the three-year performance period ending on the last day of the Company's fiscal year ending January 1, 2022.
- [F5]Each RSU represents the right to receive, following vesting, one share of Common Stock.
- [F6]Unless earlier forfeited under the terms of the RSU, 33-1/3% of the awards vest and convert into Common Stock on each anniversary of the grant date.
Documents
Issuer
SUN HYDRAULICS CORP
CIK 0001024795
Entity typeother
Related Parties
1- filerCIK 0001700443
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 2:12 PM ET
- Size
- 10.4 KB