Nathan Mazurek - 16 Mar 2022 Form 4 Insider Report for PIONEER POWER SOLUTIONS, INC. (PPSI)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Walter Michalec, attorney-in-fact
Issuer symbol: PPSI
Transactions as of: 16 Mar 2022
Net transactions value: +$4,110
Form type: 4
Filing time: 18 Mar 2022, 17:08:52 UTC
Previous filing: 18 Aug 2021
Next filing: 13 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PPSI	Common Stock, par value $0.001 per share	Options Exercise	$4,110	+1,000	+2.7%	$4.11	38,000	16 Mar 2022	Direct
holding	PPSI	Common Stock, par value $0.001 per share						4,560,000	16 Mar 2022	See Footnote	F1

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	PPSI	Stock Option (Right to Buy)	Options Exercise	$0	-1,000	-100%	$0.000000^*	0	16 Mar 2022	Common Stock	1,000	$4.11	Direct

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

Explanation of Responses:

Id	Content
F1	These securities are held by Provident Pioneer Partners, L.P. The reporting person is the majority stockholder and a control person of Provident Canada Corp., the general partner of Provident Pioneer Partners, L.P. In such capacity, the reporting person may be deemed to beneficially own these securities.