Stephen Douglas Kelley - 16 Mar 2022 Form 4 Insider Report for ADVANCED ENERGY INDUSTRIES INC (AEIS)

Role: President and CEO, Director
Signature: /s/ Steven Mason - Attorney-in-Fact
Issuer symbol: AEIS
Transactions as of: 16 Mar 2022
Net transactions value: +$2,283,707
Form type: 4
Filing time: 17 Mar 2022, 06:35:22 UTC
Previous filing: 03 Mar 2022
Next filing: 24 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AEIS	Common Stock	Award	$2,283,707	+26,564	+87%	$85.97	57,082	16 Mar 2022	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	Employee Stock Option (right to buy)	Award	$0	+11,154		$0.000000	11,154	16 Mar 2022	Common Stock	11,154	$85.97	Direct	F3
transaction	AEIS	Performance Units	Award	$0	+53,128		$0.000000	32,128	16 Mar 2022	Common Stock	53,128	$0.000000	Direct	F4

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

Explanation of Responses:

Id	Content
F1	Employee Restricted Stock units granted 3/16/2022 under the Company's 2021 Long Term Incentive Plan (LTI Plan) will vest in 3 equal installments beginning on the first anniversary of the grant date.
F2	Represents 41,265 shares of unvested restricted stock units and 15,817 shares Common stock.
F3	The employee stock options granted on 3/16/2022 under the Company's LTI Plan will vest in three equal annual installments beginning on the first anniversary of the grant.
F4	These performance shares awards were issued under the LTI Plan at 200% of target and have a 3-year vest period and will vest in all or in part upon achievement of performance metrics. Any awards that have not been vested and released at the end of the 3-year period will be cancelled.