0001209191-14-040449.txt : 20140624
0001209191-14-040449.hdr.sgml : 20140624
20140610212331
ACCESSION NUMBER: 0001209191-14-040449
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140606
FILED AS OF DATE: 20140610
DATE AS OF CHANGE: 20140610
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: POWER SOLUTIONS INTERNATIONAL, INC.
CENTRAL INDEX KEY: 0001137091
STANDARD INDUSTRIAL CLASSIFICATION: ENGINES & TURBINES [3510]
IRS NUMBER: 330963637
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 201 MITTEL DRIVE
CITY: WOOD DALE
STATE: IL
ZIP: 60191
BUSINESS PHONE: 630.350.9400
MAIL ADDRESS:
STREET 1: 201 MITTEL DRIVE
CITY: WOOD DALE
STATE: IL
ZIP: 60191
FORMER COMPANY:
FORMER CONFORMED NAME: FORMAT INC
DATE OF NAME CHANGE: 20060901
FORMER COMPANY:
FORMER CONFORMED NAME: FORMAT INC /FA/
DATE OF NAME CHANGE: 20010321
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cohen Eric A.
CENTRAL INDEX KEY: 0001547232
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35944
FILM NUMBER: 14903437
MAIL ADDRESS:
STREET 1: C/O POWER SOLUTIONS INTERNATIONAL, INC.
STREET 2: 655 WHEAT LANE
CITY: WOOD DALE
STATE: IL
ZIP: 60191
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2014-06-06
0
0001137091
POWER SOLUTIONS INTERNATIONAL, INC.
PSIX
0001547232
Cohen Eric A.
C/O 201 MITTEL DRIVE
WOOD DALE
IL
60191
0
1
0
0
Chief Operating Officer
Common Stock
2014-06-06
4
M
0
60000
22.07
A
60000
D
Common Stock
2014-06-06
4
D
0
16919
78.27
D
43081
D
Common Stock
2014-06-09
4
S
0
8781
78.54
D
34300
D
Common Stock
2014-06-10
4
S
0
34300
75.74
D
0
D
Stock Appreciation Right
22.07
2014-06-06
4
M
0
60000
0.00
D
2022-06-06
Common Stock
60000
302581
D
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.
/s/ Catherine V. Andrews, attorney-in-fact for Eric Cohen
2014-06-10