Sec Form 4 Filing - Arold Mark @ QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE, INC. - 2015-06-11

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Arold Mark
2. Issuer Name and Ticker or Trading Symbol
QUANTUM FUEL SYSTEMS TECHNOLOGIES WORLDWIDE, INC. [ QTWW]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Vice President
(Last) (First) (Middle)
25242 ARCTIC OCEAN DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
06/11/2015
(Street)
LAKE FOREST, CA92630
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/11/2015 F( 1 ) 917 D $ 2.69 46,341 ( 2 ) D
Common Stock ( 3 ) 06/11/2015 A 20,000 A $ 0 66,341 ( 4 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) ( 5 ) $ 2.69 06/11/2015 A 7,000 06/11/2016 06/11/2025 Common Stock 7,000 $ 0 7,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Arold Mark
25242 ARCTIC OCEAN DRIVE
LAKE FOREST, CA92630
Vice President
Signatures
/s/ Kenneth R. Lombardo by Power of Attorney 06/15/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On June 11, 2015, 2,500 shares of restricted stock granted to Mr. Arold on June 11, 2012 vested. Mr. Arold automatically surrendered 917 of the vested shares to the Company to satisfy the tax withholding obligations arising from the vesting of the restricted stock. The surrender of the shares is an exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3.
( 2 )Includes 32,967 shares of unvested restricted stock.
( 3 )Grant of restricted stock under the Company's 2011 Stock Incentive Plan. The shares vest ratably over a three year period beginning on June 11, 2016.
( 4 )Includes 52,967 shares of unvested restricted stock.
( 5 )Grant of stock options under the Company's 2011 Stock Incentive Plan. The options vest ratably over a four year period beginning on June 11, 2016.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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