Active Power's VP of Global Sales and Mktg just picked up 643 shares


Martin T. Olsen, Active Power's VP of Global Sales and Mktg, recently acquired 643 shares of the company. The buys took place at prices ranging from $0.00 to $3.41 per share, on August 19, 2013. Olsen now owns 5,154 shares of the company. Olsen operates out of Austin, TX. Some additional info was provided as follows:

Shares issued upon the vesting of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock. With continued service, the restricted stock units, representing a right to receive a total of 14,000 shares, vest in a series of sixteen equal quarterly installments upon the completion of each quarter beginning on 05/17/2012. Vested shares are delivered to the reporting person as soon as practicable af ter vesting, but in each case within the period ending no later than the later of the 15th day of the 3rd month following the end of the (i) fiscal year or the (ii) calendar year, which in either case includes the vesting date.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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