AI assistant
Sending…
POWER SOLUTIONS INTERNATIONAL, INC. — Director's Dealing 2022
Mar 25, 2022
31549_dirs_2022-03-25_f502f9da-687e-4865-844f-c00f646853b8.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: POWER SOLUTIONS INTERNATIONAL, INC. (PSIX)
CIK: 0001137091
Period of Report: 2021-02-24
Reporting Person: Arnett Lance Michael (Chief Executive Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-24 | Stock Appreciation Right | $6.00 | A | 80000 | Acquired | 2031-02-24 | Common Stock (80000) | Direct |
Footnotes
F1: The Issuer granted the stock appreciation right (the "SAR") on February 24, 2021, pursuant to a Stock Appreciation Rights Agreement dated February 19, 2021 and the First Amendment to the Stock Appreciation Rights Agreement dated March 18, 2022, under the Issuer's 2012 Incentive Compensation Plan.
F2: The SAR vests and becomes exercisable in four equal installments on each of February 19, 2022, February 19, 2023, February 19, 2024 and February 19, 2025.