0001387131-17-001836.txt : 20170403 0001387131-17-001836.hdr.sgml : 20170403 20170403160913 ACCESSION NUMBER: 0001387131-17-001836 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170330 FILED AS OF DATE: 20170403 DATE AS OF CHANGE: 20170403 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PIONEER POWER SOLUTIONS, INC. CENTRAL INDEX KEY: 0001449792 STANDARD INDUSTRIAL CLASSIFICATION: POWER, DISTRIBUTION & SPECIALTY TRANSFORMERS [3612] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 400 KELBY STREET, 9TH FLOOR STREET 2: ONE PARKER PLAZA CITY: FORT LEE STATE: NJ ZIP: 07024 BUSINESS PHONE: 212-867-0700 MAIL ADDRESS: STREET 1: 400 KELBY STREET, 9TH FLOOR STREET 2: ONE PARKER PLAZA CITY: FORT LEE STATE: NJ ZIP: 07024 FORMER COMPANY: FORMER CONFORMED NAME: SIERRA CONCEPTS, INC. DATE OF NAME CHANGE: 20081112 FORMER COMPANY: FORMER CONFORMED NAME: SIERRA CONCEPTS DATE OF NAME CHANGE: 20081112 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Tesler David CENTRAL INDEX KEY: 0001523570 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35212 FILM NUMBER: 17734221 MAIL ADDRESS: STREET 1: 400 KELBY STREET STREET 2: 9TH FLOOR CITY: FORT LEE STATE: NJ ZIP: 07024 4 1 tesler-form4_033017.xml OWNERSHIP DOCUMENT X0306 4 2017-03-30 0 0001449792 PIONEER POWER SOLUTIONS, INC. PPSI 0001523570 Tesler David C/O PIONEER POWER SOLUTIONS, INC. 400 KELBY STREET, 12TH FLOOR FORT LEE NJ 07024 1 0 0 0 Stock Option (Right to Buy) 7.30 2017-03-30 4 A 0 1000 0 A 2018-03-30 2027-03-30 Common Stock 1000 1000 D The option vests as to 100% on March 30, 2018, subject to the terms and conditions of the Pioneer Power Solution, Inc. 2011 Long-Term Incentive Plan. /s/ David Tesler 2017-04-03 EX-24 2 ex-24.htm POWER OF ATTORNEY

SECTION 16

POWER OF ATTORNEY

Know all men by these presents, that the undersigned hereby constitutes and appoints Thomas Klink the undersigned’s true and lawful attorney-in-fact to:

(1)

execute for and on behalf of the undersigned, in the undersigned’s capacity as an officer, director, and/or affiliate, as applicable, of Pioneer Power Solutions, Inc. (the “Company”), Forms 3, 4, and 5 in accordance with the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules thereunder;

(2)

do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5 and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and

(3)

take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.

The undersigned hereby grants to the attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Exchange Act.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorney-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 3rd day of April, 2017.

	/s/ David Tesler
	David Tesler