Constantine Xykis - 25 Apr 2023 Form 4/A - Amendment Insider Report for POWER SOLUTIONS INTERNATIONAL, INC. (PSIX)

Role
Chief Executive Officer and Chief Technical Officer
Signature
/s/ Constantine Xykis
Issuer symbol
PSIX
Transactions as of
25 Apr 2023
Transactions value $
$0
Form type
4/A - Amendment
Filing time
04 May 2023, 13:19:39 UTC
Date Of Original Report
26 Apr 2023
Previous filing
18 Jul 2022
Next filing
24 May 2024
SEC
View on sec.gov

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 Rights Award $0 +85K +133.85% $0.00 149K 25 Apr 2023 Common Stock 85K $2.99 Direct F1, F2, F3
* 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 rights (the "SARs") on April 25, 2023, pursuant to a Stock Appreciation Rights Agreement dated April 25, 2023, under the Issuer's 2012 Incentive Compensation Plan, as amended and restated.
F2 The SARs vest and become exercisable in three equal installments on each of April 25, 2024, April 25, 2025, and April 25, 2026.
F3 This Form 4 is being amended to correct the total number of SARs owned by the Reporting Person, which was misreported as 147,005 total SARs and should have been reported as 148,505 total SARs. The total number of SARs owned by the Reporting Person has been inadvertently misreported by 1,500 since the Form 4 filed on March 25, 2021.

Remarks:

Chief Executive Officer and Chief Technical Officer