Filing Details

Accession Number:
0001513162-14-000345
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-05-19 17:44:22
Reporting Period:
2014-05-15
Filing Date:
2014-05-19
Accepted Time:
2014-05-19 17:44:22
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
949428 Clean Diesel Technologies Inc CDTI Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564) 061393453
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1502954 Eric David Shea C/O Clean Diesel Technologies, Inc.
4567 Telephone Road, Suite 100
Ventura CA 93003
Vp Finance & Corp. Controller No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-05-15 2,615 $0.00 8,314 No 4 M Direct
Common Stock Acquisiton 2014-05-15 4,079 $0.00 12,393 No 4 M Direct
Common Stock Disposition 2014-05-19 2,940 $2.48 9,453 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Share Units Disposition 2014-05-15 2,615 $0.00 2,615 $0.00
Common Stock Restricted Share Units Disposition 2014-05-15 4,079 $0.00 4,079 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,614 No 4 M Direct
8,159 No 4 M Direct
Footnotes
  1. Shares of Common Stock acquired upon settlement of Restricted Share Units ("RSUs") granted May 24, 2012 pursuant to the Clean Diesel Technologies, Inc. ("CDTI") Stock Incentive Plan.
  2. Shares of Common Stock acquired upon settlement of RSUs granted March 20, 2013 pursuant to the CDTI Stock Incentive Plan.
  3. Shares were sold to cover the reporting person's tax obligation in connection with the issuance of the RSUs and conversion into shares of Common Stock.
  4. The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.43 to $2.54, inclusive. The reporting person undertakes to provide CDTI, and security holder of CDTI or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
  5. Each RSU represents a contingent right to receive one share of CDTI common stock.
  6. RSU vests as to 1/3 on each of March 20, 2013, March 20, 2014 and March 20, 2015. Issuance to occur as soon as practicable following the date of vesting and subject to compliance with Issuer's Insider Trading Policy, but in all cases within two and one-half months following the end of the Issuer's tax year that includes the date such RSUs vest. RSUs that have not vested at the time of the reporting person's termination, for any or no reason other than death, will be forfeited.
  7. RSU vests as to 1/3 on each of March 20, 2014, March 20, 2015 and March 20, 2016. Issuance to occur as soon as practicable following the date of vesting and subject to compliance with Issuer's Insider Trading Policy, but in all cases within two and one-half months following the end of the Issuer's tax year that includes the date such RSUs vest. RSUs that have not vested at the time of the reporting person's termination, for any or no reason other than death, will be forfeited.