4//SEC Filing
GLOBAL POWER EQUIPMENT GROUP INC. 4
Accession 0001104659-17-024673
CIK 0001136294operating
Filed
Apr 18, 8:00 PM ET
Accepted
Apr 19, 9:43 PM ET
Size
8.1 KB
Accession
0001104659-17-024673
Insider Transaction Report
Form 4
HOLMES CRAIG E
Senior Vice President, Finance
Transactions
- Award
Common Stock, $0.01 par value per share
2017-04-17+39,107→ 119,107 total - Award
Common Stock, $0.01 par value per share
2017-04-17+34,661→ 153,768 total
Footnotes (3)
- [F1]Restricted share units granted under the Global Power Equipment Group Inc. 2015 Equity Incentive Plan. The restricted share units, each of which represents the right to receive one share of common stock of Global Power Equipment Group Inc., will vest on March 31, 2019, 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. 2015 Equity Incentive Plan. On August 5, 2016, the Compensation Committee of the Board of Directors of Global Power Equipment Group Inc. granted restricted share units with an initial cash value of $152,512. Pursuant to the terms of the grant, the initial cash value of the award would be converted to a right to receive shares of Global Power Equipment Group's common stock, par value $0.01, after the Company completed the filing of an Annual Report on Form 10-K for 2015 and prior years being restated (the "Form 10-K").
- [F3]The number of shares into which each restricted share unit award would be converted was determined by dividing the initial cash value of the award by the average closing price per common share for the last five trading days of the thirty-day period ending on the thirtieth day after the company completed the filing of the Form 10-K. Global Power Equipment Group Inc. filed the Form 10-K on March 15, 2017, and the number of units awarded was determined on April 17, 2017. The restricted share units will vest on March 30, 2018, subject to continued employment through the vesting date. Any shares underlying the restricted share units that do not vest will be forfeited.
Documents
Issuer
GLOBAL POWER EQUIPMENT GROUP INC.
CIK 0001136294
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001136294
Filing Metadata
- Form type
- 4
- Filed
- Apr 18, 8:00 PM ET
- Accepted
- Apr 19, 9:43 PM ET
- Size
- 8.1 KB