Filing Details
- Accession Number:
- 0001209191-14-040449
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-06-10 21:23:31
- Reporting Period:
- 2014-06-06
- Filing Date:
- 2014-06-10
- Accepted Time:
- 2014-06-10 21:23:31
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1137091 | Power Solutions International Inc. | PSIX | Engines & Turbines (3510) | 330963637 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1547232 | A. Eric Cohen | C/O 201 Mittel Drive Wood Dale IL 60191 | Chief Operating Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2014-06-06 | 60,000 | $22.07 | 60,000 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-06-06 | 16,919 | $78.27 | 43,081 | No | 4 | D | Direct | |
| Common Stock | Disposition | 2014-06-09 | 8,781 | $78.54 | 34,300 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2014-06-10 | 34,300 | $75.74 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | D | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Appreciation Right | Disposition | 2014-06-06 | 60,000 | $0.00 | 60,000 | $22.07 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 302,581 | 2022-06-06 | No | 4 | M | Direct |
Footnotes
- Represents deemed disposition of shares of common stock to the Issuer in connection with the exercise of the stock appreciation right (the "SAR").
- The Issuer granted the SAR on June 6, 2012 (the "Grant Date"), subject to stockholder approval of the Issuer's 2012 Incentive Compensation Plan (the "2012 Plan") under which the SAR was granted. The Issuer's stockholders approved the 2012 Plan on August 29, 2012. The SAR vests and becomes exercisable in three equal installments on each of the first, second and third anniversaries of the Grant Date. However, the SAR provided that it was not to become exercisable until the date that is the later of (a) the date the Issuer's stockholders approve the 2012 Plan and (b) the last of any seven Valuation Dates (as defined in the award agreement) within any period of ten or fewer Valuation Dates that commence after the Grant Date and prior to June 6, 2022, on each of which the market value per share of common stock (determined as provided in the award agreement) is at least $22.07. Such market condition has been satisfied.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.84 to $79.13, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) and (4) to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.88 to $79.88, inclusive.
Billionaire Hedge Funds
