Eduardo Bernal Acebedo - 21 Feb 2024 Form 4 Insider Report for ADVANCED ENERGY INDUSTRIES INC (AEIS)

Role: EVP and COO
Signature: /s/ Elizabeth K. Vonne - Attorney-in-Fact
Issuer symbol: AEIS
Transactions as of: 21 Feb 2024
Net transactions value: +$153,185
Form type: 4
Filing time: 23 Feb 2024, 18:27:11 UTC
Previous filing: 03 Mar 2023
Next filing: 05 Mar 2024
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	$153,185	+1,538	+6.7%	$99.60	24,489	21 Feb 2024	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	-3,430	-100%	$0.000000^*	0	21 Feb 2024	Common Stock	3,430	$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 2021 Long-Term Incentive Plan (the "2021 LTI Plan") and reported voluntarily on 9/15/2021, based on achievement of performance metrics under the 2021 LTI Plan. The shares were approved for a 2/21/2024 release by the Board of Directors.
F2	Represents 15,616 shares of unvested restricted stock units and 8,873 shares of common stock.
F3	These performance unit awards were issued under the 2021 LTI Plan at 200% of target and were reported voluntarily on 9/15/2021. Following the end of the 3-year performance period, the awards vested based on achievement of performance metrics under the 2021 LTI Plan.