Constantine Xykis - 15 May 2024 Form 4 Insider Report for POWER SOLUTIONS INTERNATIONAL, INC. (PSIX)

Role
Chief Executive Office and Chief Technical Officer
Signature
/s/ Constantine Xykis
Issuer symbol
PSIX
Transactions as of
15 May 2024
Net transactions value
-$20,593
Form type
4
Filing time
24 May 2024, 19:49:23 UTC
Previous filing
04 May 2023
Next filing
09 Oct 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSIX Class A Common Stock Options Exercise $40,000 +20,000 +106% $2.00 38,834 15 May 2024 Direct
transaction PSIX Class A Common Stock Tax liability $60,593 -13,495 -35% $4.49 25,339 15 May 2024 Direct F1

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 Options Exercise $0 -20,000 -100% $0.000000* 0 15 May 2024 Common Stock 20,000 $2.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received 6,505 shares of common stock upon the net exercise of 20,000 stock appreciation rights ("SARs"). A total of 13,495 shares of common stock underlying such SARs were withheld in payment of the exercise price and to satisfy the withholding tax obligation resulting from the exercise.
F2 Stock Appreciation Rights granted on July 15, 2022, settled in Class A Common Stock and vesting on July 15, 2023.

Remarks:

Chief Executive Office and Chief Technical Officer