Stephen D. Kelley - Feb 21, 2024 Form 4 Insider Report for ADVANCED ENERGY INDUSTRIES INC (AEIS)

Role
President and CEO, Director
Signature
/s/ Elizabeth Vonne - Attorney-in-Fact
Stock symbol
AEIS
Transactions as of
Feb 21, 2024
Transactions value $
$1,109,843
Form type
4
Date filed
2/23/2024, 06:29 PM
Previous filing
May 11, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEIS Common Stock Options Exercise $1.97M +19.8K +23.91% $99.60 103K Feb 21, 2024 Direct F1
transaction AEIS Common Stock Tax liability -$862K -8.66K -8.46% $99.60 93.7K Feb 21, 2024 Direct F2, F3

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 -44.1K -100% $0.00* 0 Feb 21, 2024 Common Stock 44.1K $0.00 Direct F4
* 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 3/2/2021, 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 Payment of tax liability by withholding securities incident to vesting of performance stock units.
F3 Represents 57,908 shares of unvested restricted stock units and 36,053 shares of common stock.
F4 These performance unit awards were issued under the 2021 LTI Plan at 200% of target and reported voluntarily on 3/2/2021. Following the end of the 3-year performance period, the awards vested based on achievement of performance metrics under the 2021 LTI Plan.