GLOBAL POWER EQUIPMENT GROUP INC. 4
4 · GLOBAL POWER EQUIPMENT GROUP INC. · Filed Apr 2, 2015
Insider Transaction Report
Form 4
Guba Raymond Kershaw
Sr. VP & CFO
Transactions
- Award
Common Stock, $0.01 par value per share
2015-03-31+17,720→ 36,911 total - Award
Common Stock, $0.01 par value per share
2015-03-31+11,268→ 19,191 total - Tax Payment
Common Stock, $0.01 par value per share
2015-03-31$13.20/sh−760$10,032→ 36,151 total
Footnotes (3)
- [F1]Restricted share units granted under the Global Power Equipment Group Inc. 2011 Equity Incentive Plan. Of the restricted share units, each of which represents the right to receive one share of common stock of Global Power Equipment Group Inc., 3,756, 3,756 and 3,756 will vest on March 31 of each of 2016, 2017 and 2018, respectively, subject to continued employment through the vesting date. Any units that do not vest will be forfeited.
- [F2]Restricted share units granted under the Global Power Equipment Group Inc. 2011 Equity Incentive Plan and subject to a restricted share unit agreement, each of which represents the right to receive one share of common stock of Global Power Equipment Group Inc., which vest on June 30, 2016, subject to continued employment through the vesting date. Any units that do not vest will be forfeited.
- [F3]Reflects withholding of shares by the Company to offset the tax liability resulting from the vesting on March 31, 2015 of restricted stock units previously reported.