Eduardo Bernal Acebedo - 20 Feb 2025 Form 4 Insider Report for ADVANCED ENERGY INDUSTRIES INC (AEIS)

Role: EVP and COO
Signature: /s/ Elizabeth Vonne - Attorney-in-Fact
Issuer symbol: AEIS
Transactions as of: 20 Feb 2025
Net transactions value: +$915,124
Form type: 4
Filing time: 21 Feb 2025, 18:15:26 UTC
Previous filing: 05 Mar 2024
Next filing: 04 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AEIS	Common Stock	Options Exercise	$915,124	+6,957	+28%	$131.54	31,446	20 Feb 2025	Direct	F1, F2

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	AEIS	Performance Units	Options Exercise	$0	-14,618	-100%	$0.000000	0	20 Feb 2025	Common Stock	0	$0.000000	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the total number of shares vested pursuant to the performance unit award issued under the 2022 Long-Term Incentive Plan (the "2022 LTI Plan") and reported voluntarily on 3/17/2022, based on achievement of performance metrics under the 2022 LTI Plan. The shares were approved for a 2/20/2025 release by the Board of Directors.
F2	Represents 7,967 shares of unvested restricted stock units and 23,479 shares of common stock.
F3	These performance unit awards were issued under the 2022 LTI Plan at 200% of target and reported voluntarilty on 3/17/2022. Following the end of the three-year performance period, the awards vested based on acheivement of performance metrics under the 2022 LTI Plan.