SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Wiggins Everett

(Last)

(First)

(Middle)

3888 CALLE FORTUNADA

(Street)

SAN DIEGO

92123

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/22/2018

3. Issuer Name and Ticker or Trading Symbol
MAXWELL TECHNOLOGIES INC [ MXWL ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Vice President, Operations

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Stock Units⁽¹⁾	⁽²⁾	⁽³⁾	Common Stock	22,500	$0.00⁽⁴⁾	D
Market Stock Units⁽⁵⁾	⁽⁶⁾	⁽³⁾	Common Stock	45,000	$0.00⁽⁴⁾	D
Restricted Stock Units⁽¹⁾	⁽⁷⁾	⁽³⁾	Common Stock	18,750	$0.00⁽⁴⁾	D
Market Stock Units⁽⁵⁾	⁽⁸⁾	⁽³⁾	Common Stock	48,750	$0.00⁽⁴⁾	D
Restricted Stock Units⁽¹⁾	⁽⁹⁾	⁽³⁾	Common Stock	9,630	$0.00⁽⁴⁾	D
Market Stock Units⁽⁵⁾	⁽¹⁰⁾	⁽³⁾	Common Stock	38,107	$0.00⁽⁴⁾	D
Stock Options (Right to Buy)	⁽¹¹⁾	03/13/2025	Common Stock	14,136	$7.33	D
Restricted Stock Units⁽¹⁾	⁽¹²⁾	⁽³⁾	Common Stock	1,841	$0.00⁽⁴⁾	D

Explanation of Responses:

1. Each restricted stock unit (RSU) represents a right to receive one share of the Issuer's common stock.

2. Award vests in annual installments over 4 years following the grant date of February 23, 2018 as long as the holder remains in service to the Company. Vested shares will be delivered to the holder shortly after the vesting date.

3. These units do not expire.

4. These units were received as a grant or award for no consideration.

5. Each market stock unit represents a right to receive one share of the Issuer's common stock.

6. This award represents market stock units with vesting based on performance of the Company's common stock compared to the Nasdaq Composite Index over a period of three years following the grant date of February 23, 2018. Depending on the level of performance actually achieved, the number of shares that may vest under this award will vary. The amount included in the table above represents the maximum number of shares that could vest under the grant.

7. Award vests in annual installments over 4 years following the grant date of March 2, 2017 as long as the holder remains in service to the Company. Vested shares will be delivered to the holder shortly after the vesting date.

8. This award represents market stock units with vesting based on performance of the Company's common stock compared to the Nasdaq Composite Index over a period of three years following the grant date of March 2, 2017. Depending on the level of performance actually achieved, the number of shares that may vest under this award will vary. The amount included in the table above represents the maximum number of shares that could vest under the grant.

9. Award vests in annual installments over 4 years following the grant date of January 15, 2016 as long as the holder remains in service to the Company. Vested shares will be delivered to the holder shortly after the vesting date.

10. This award represents market stock units with vesting based on performance of the Company's common stock compared to the Nasdaq Composite Index over a period of three years following the grant date of January 15, 2016. Depending on the level of performance actually achieved, the number of shares that may vest under this award will vary. The amount included in the table above represents the maximum number of shares that could vest under the grant.

11. Option becomes exercisable in annual installments over 4 years following the grant date of March 13, 2015 as long as holder remains in service to the Company.

12. Award vests in annual installments over 4 years following the grant date of March 13, 2015 as long as the holder remains in service to the Company. Vested shares will be delivered to the holder shortly after the vesting date.

Remarks:

	Sabrina Randolph, by Power of Attorney	04/02/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.