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

Role
President and CEO, Director
Signature
/s/ Elizabeth Vonne - Attorney-in-Fact
Issuer symbol
AEIS
Transactions as of
21 Feb 2024
Net transactions value
+$1,109,843
Form type
4
Filing time
23 Feb 2024, 18:29:06 UTC
Previous filing
11 May 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 $1,972,180 +19,801 +24% $99.60 102,619 21 Feb 2024 Direct F1
transaction AEIS Common Stock Tax liability $862,337 -8,658 -8.5% $99.60 93,691 21 Feb 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 -44,103 -100% $0.000000* 0 21 Feb 2024 Common Stock 44,103 $0.000000 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.