Lance Michael Arnett - Feb 24, 2021 Form 4 Insider Report for POWER SOLUTIONS INTERNATIONAL, INC. (PSIX)

Role
Chief Executive Officer
Signature
/s/ Lance Michael Arnett
Stock symbol
PSIX
Transactions as of
Feb 24, 2021
Transactions value $
$0
Form type
4
Date filed
3/25/2022, 03:40 PM
Next filing
Mar 25, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PSIX Stock Appreciation Right Award $0 +80K +160% $0.00 130K Feb 24, 2021 Common Stock 80K $6.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Issuer granted the stock appreciation right (the "SAR") on February 24, 2021, pursuant to a Stock Appreciation Rights Agreement dated February 19, 2021 and the First Amendment to the Stock Appreciation Rights Agreement dated March 18, 2022, under the Issuer's 2012 Incentive Compensation Plan.
F2 The SAR vests and becomes exercisable in four equal installments on each of February 19, 2022, February 19, 2023, February 19, 2024 and February 19, 2025.

Remarks:

This Form 4 is being filed late due to an internal administrative error.