Constantine Xykis - Jul 15, 2022 Form 4 Insider Report for POWER SOLUTIONS INTERNATIONAL, INC. (PSIX)

Role: Interim Chief Executive Office
Signature: /s/ Constantine Xykis
Stock symbol: PSIX
Transactions as of: Jul 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 7/18/2022, 04:44 PM
Previous filing: Mar 25, 2022
Next filing: May 4, 2023
SEC: View on sec.gov

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	PSIX	Stock Appreciation Rights	Award	$0	+20K	+78.92%	$0.00	45.3K	Jul 15, 2022	Common Stock	20K	$2.00	Direct	F1, F2

Showing 1 to 1 of 1 entries

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

Explanation of Responses:

Id	Content
F1	The Issuer granted the stock appreciation rights (the "SAR") on July 15, 2022, pursuant to a Stock Appreciation Rights Agreement dated July 15, 2022 (the "Stock Agreement"), under the Issuer's 2012 Incentive Compensation Plan, as amended and restated (the "Stock Plan").
F2	The SAR vests and becomes exercisable on July 15, 2023 (the "Vesting Date") provided if following the Transaction Date, the Issuer terminates Reporting Person's employment without Cause (as defined under the Stock Plan) on or prior to the Vesting Date, the SAR shall immediately vest in full and be exercisable in accordance with the Stock Plan and the Stock Agreement.

Remarks:

Interim Chief Executive Office