Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

EnerSys Director's Dealing 2017

May 12, 2017

31148_dirs_2017-05-12_580f8bf1-cc8e-46eb-b37a-05e832da0165.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EnerSys (ENS)
CIK: 0001289308
Period of Report: 2017-05-09

Reporting Person: Sechrist Todd M. (Executive Vice President & COO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-05-09 Common Stock A 6242 $0.00 Acquired 68912.6849 Direct
2017-05-09 Common Stock A 3969 $0.00 Acquired 72881.6849 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-05-09 Stock Options $83.14 A 13625 Acquired 2027-05-09 Common Stock (13625) Direct

Footnotes

F1: These shares were granted as performance share units and vest one hundred percent on May 9, 2020, with an additional one year holding period (4 years total until settlement), subject to acceleration and cancellation upon the occurrence of certain events. Each performance share unit converts into the number of shares of common stock determined by applying the TSR multiplier to the number of units vesting on the third anniversary of the date of grant. The TSR multiplier is based on relative TSR performance versus peers over the three year vesting period. The peer group is the S&P Small Cap 600 Industrial Index, of which EnerSys is a member, and consists of approximately 100 companies. The minimum TSR multiplier is 0% and the maximum TSR multiplier is 200%. These shares represent the performance share units granted, assuming a TSR multiplier of 100%.

F2: This grant was made after markets had closed.

F3: These shares were granted as restricted stock units that vest twenty-five percent on each of May 9, 2018, May 9, 2019, May 9, 2020, and May 9, 2021, subject to acceleration or forfeiture in certain specified circumstances.

F4: The options vest in three equal annual installments beginning on May 9, 2018, subject to acceleration or forfeiture in certain specified circumstances.