0001209191-17-018518.txt : 20170306 0001209191-17-018518.hdr.sgml : 20170306 20170306200253 ACCESSION NUMBER: 0001209191-17-018518 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170302 FILED AS OF DATE: 20170306 DATE AS OF CHANGE: 20170306 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MAXWELL TECHNOLOGIES INC CENTRAL INDEX KEY: 0000319815 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 952390133 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3888 CALLE FORTUNADA CITY: SAN DIEGO STATE: CA ZIP: 92123 BUSINESS PHONE: 858-503-3300 MAIL ADDRESS: STREET 1: 3888 CALLE FORTUNADA CITY: SAN DIEGO STATE: CA ZIP: 92123 FORMER COMPANY: FORMER CONFORMED NAME: MAXWELL LABORATORIES INC /DE/ DATE OF NAME CHANGE: 19920703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Fink Franz CENTRAL INDEX KEY: 0001296307 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15477 FILM NUMBER: 17669369 MAIL ADDRESS: STREET 1: C/O FREESCALE SEMICONDUCTOR, INC. STREET 2: 6501 WILLIAM CANNON DRIVE WEST CITY: AUSTIN STATE: TX ZIP: 78735 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-03-02 0 0000319815 MAXWELL TECHNOLOGIES INC MXWL 0001296307 Fink Franz 3888 CALLE FORTUNADA SAN DIEGO CA 92123 1 1 0 0 Chief Executive Officer Common Stock 2017-03-02 4 M 0 1983 0.00 A 220027 D Market Stock Units 0.00 2017-03-02 4 M 0 1983 0.00 D Common Stock 1983 182917 D Restricted Stock Units 0.00 2017-03-02 4 D 0 80000 0.00 D Common Stock 80000 0 D Restricted Stock Units 0.00 2017-03-02 4 A 0 92000 0.00 A Common Stock 92000 92000 D Market Stock Units 0.00 2017-03-02 4 A 0 158000 0.00 A Common Stock 158000 158000 D These units do not carry a conversion price. Each market stock unit represents a right to receive one share of the Issuer's common stock. This award represents market stock units with vesting based on performance of the Company's common stock compared to the Nasdaq Composite Index over a period of three years. Depending on the level of performance actually achieved, the number of shares that may vest under this award will vary. A portion of this award vested on March 2, 2017. The amount included in the table above represents the maximum number of shares that could vest under the grant. These units were received as a grant or award for no consideration. Each restricted stock unit represents a right to receive one share of the Issuer's common stock. This disposition represents restricted stock units with vesting subject to the achievement of Company performance targets by December 31, 2016. The amount included in the table above represents the maximum number of shares that could have vested under the grant. As the performance targets were not achieved, the restricted stock units were cancelled. Award vests in annual installments over 4 years as long as the holder remains in service to the Company. Vested shares will be delivered to the holder shortly after the vesting date. This award represents market stock units with vesting based on performance of the Company's common stock compared to the Nasdaq Composite Index over a period of three years. Depending on the level of performance actually achieved, the number of shares that may vest under this award will vary. The amount included in the table above represents the maximum number of shares that could vest under the grant. An additional grant of 118,000 market stock units for above-target performance was also approved by the Company's compensation committee, but is contingent upon and subject to approval of an amendment to the Company's equity incentive plan at our 2017 annual meeting of stockholders. Sabrina Randolph, by Power of Attorney 2017-03-06