Lance Michael Arnett - Mar 18, 2022 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
Mar 18, 2022
Transactions value $
$0
Form type
4
Date filed
3/25/2022, 03:42 PM
Previous 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 +1.88K +1.44% $0.00 132K Mar 18, 2022 Common Stock 1.88K $5.54 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 March 18, 2022, pursuant to a 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 tranches starting on March 18, 2022 in the amount of 468 SAR Shares and then on March 18, 2023 in the amount of 468 SAR Shares, and then on March 18, 2024 in the amount of 468 SAR Shares, and then on March 18, 2025 in the amount of 471 SAR Shares.