X0306 4 2018-02-20 0 0000319815 MAXWELL TECHNOLOGIES INC MXWL 0001707104 Golubovich Ilya 3888 CALLE FORTUNADA SAN DIEGO CA 92123 1 0 0 0 Restricted Stock Units 2018-02-20 4 A 0 2843 0.00 A Common Stock 2843 2843 D Each restricted stock unit (RSU) represents a right to receive one share of the Issuer's common stock. These RSUs are fully vested upon grant and have been awarded in lieu of cash consideration for non-employee director fees of $16,750, per the reporting person's election. Shares will be delivered to the reporting person on the earlier of February 20, 2020, termination of the reporting person's service to the Company, the reporting person's death or a change in control of the Company. These units do not expire. /s/ Sabrina Randolph, by Power of Attorney 2018-02-21