1 unchanged sentence
Evaluation of Disclosure Controls and Procedures
−Removed: We have established disclosure controls and procedures, which are designed to ensure that information required to be disclosed in reports filed or submitted under the Securities Exchange Act of 1934 (the "Act") is recorded, processed, summarized, and reported, within the time periods specified in the Securities and Exchange Commission’s rules and forms.
−Removed: These disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in the reports that we file or submit under the Act is accumulated and communicated to management, including our Principal Executive Officer (Yuval Wasserman, Chief Executive Officer) and Principal Financial Officer (Paul Oldham, Chief Financial Officer and Executive Vice President), as appropriate, to allow timely decisions regarding required disclosures.
+Added: We have established disclosure controls and procedures, which are designed to ensure that information required to be disclosed in reports filed or submitted under the Securities Exchange Act of 1934 ("Act") is recorded, processed, summarized, and reported, within the time periods specified in the Securities and Exchange Commission’s rules and forms.
+Added: These disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in the reports that we file or submit under the Act is accumulated and communicated to management, including our Principal Executive Officer (Stephen D.
+Added: Kelley, President and Chief Executive Officer) and Principal Financial Officer (Paul Oldham, Chief Financial Officer), as appropriate, to allow timely decisions regarding required disclosures.
As of the end of the period covered by this report, we conducted an evaluation, with the participation of management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of the disclosure controls and procedures pursuant to the Exchange Act Rule 13a-15(b).
1 unchanged sentence
The conclusions of the Chief Executive Officer and Chief Financial Officer from this evaluation were communicated to the Audit Committee.
−Removed: We intend to continue to review and document our disclosure controls and procedures, including our internal controls and procedures for financial reporting, and may from time to time make changes aimed at enhancing their effectiveness and to ensure that our systems evolve with our business.
+Added: We intend to continue to review and document our disclosure controls and procedures, including our internal controls over financial reporting, and may from time to time make changes aimed at enhancing their effectiveness and to ensure that our systems evolve with our business.
Management’s Annual Report on Internal Control over Financial Reporting
1 unchanged sentence
Our internal control over financial reporting is designed to provide reasonable assurance concerning the reliability of our financial reporting and the preparation of our financial statements for external purposes in accordance with generally accepted accounting principles.
−Removed: In September 2019, we acquired Artesyn Embedded Technologies, Inc.’s embedded power business ("Artesyn"), as discussed in Note 2.
−Removed: Business Acquisitions in Item 8 "Financial Statements and Supplementary Data."
−Removed: The objectives of Artesyn established internal controls over financial reporting is consistent, in all material respects, with Advanced Energy’s objectives.
−Removed: We have completed a comprehensive review of Artesyn’s internal control over financial reporting and implemented changes to better align and integrate Artesyn’s reporting and controls with the rest of Advanced Energy.
+Added: In June 2021, we acquired TEGAM, Inc.
+Added: Refer to Note 2.
+Added: Acquisitions in Part II, Item 8 "Financial Statements and Supplementary Data"
+Added: for additional information.
+Added: TEGAM's objectives regarding internal controls over financial reporting are consistent, in all material respects, with Advanced Energy’s objectives.
+Added: We are in the process of completing a more comprehensive review of TEGAM's internal control over financial reporting and will be implementing changes to better align their reporting and controls with the rest of Advanced Energy.
+Added: As a result of the timing of the acquisition, anticipated changes, and general guidance issued by the SEC regarding exclusion of certain acquired businesses, we excluded TEGAM from Advanced Energy's December 31, 2021 assessment of internal controls over financial reporting.
+Added: TEGAM accounted for approximately 1% of our total assets at December 31, 2021, and 1% of our total net sales for the year ended December 31, 2021.
Management, with the participation of our Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of our internal control over financial reporting as of December 31, 2021, using the criteria described in Internal Control-Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission.
Based upon this evaluation, management concluded that our internal control over financial reporting was effective as of December 31, 2021.
−Removed: Ernst & Young LLP, an independent registered public accounting firm, has audited our consolidated financial statements included in this Form 10-K, and as part of the audit, has issued an attestation report, included herein, on the effectiveness of our internal control over financial reporting as of December 31, 2020.
+Added: Ernst & Young LLP, an independent registered public accounting firm, has audited our consolidated financial statements included in this Form 10-K, and as part of the audit, has issued an audit report, included herein, on the effectiveness of our internal control over financial reporting as of December 31, 2021.
Changes in Internal Control over Financial Reporting
11 unchanged sentences
(the Company) maintained, in all material respects, effective internal control over financial reporting as of December 31, 2021, based on the COSO criteria.
−Removed: We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Consolidated Balance Sheets of the Company as of December 31, 2020 and 2019, the related Consolidated Statements of Operations, Comprehensive Income, Stockholders’ Equity, and Cash Flows for each of the two years in the period ended December 31, 2020, and the related notes and our report dated February 23, 2021 expressed an unqualified opinion thereon.
+Added: As indicated in the accompanying Management’s Annual Report on Internal Control over Financial Reporting, management’s assessment of and conclusion on the effectiveness of internal control over financial reporting did not include the internal controls of TEGAM, Inc., which is included in the 2021 consolidated financial statements of the Company and constituted 1% and 2% of total and net assets, respectively, as of December 31, 2021 and 0.6% and 0.5% of revenues and net income, respectively, for the year then ended.
+Added: Our audit of internal control over financial reporting of the Company also did not include an evaluation of the internal control over financial reporting of TEGAM, Inc.
+Added: We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated balance sheets of the Company as of December 31, 2021 and 2020, the related consolidated statements of operations, comprehensive income, stockholders’ equity and cash flows for each of the three years in the period ended December 31, 2021, and the related notes and our report dated March 16, 2022 expressed an unqualified opinion thereon.
Basis for Opinion
9 unchanged sentences
A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
−Removed: A company’s internal control over financial reporting
−Removed: includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company;
+Added: A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company;
(2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company;
4 unchanged sentences
Denver, Colorado
−Removed: February 23, 2021
+Added: March 16, 2022
OTHER INFORMATION
+Added: Not applicable.
+Added: DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS
+Added: Not applicable.
In accordance with General Instruction G(3) of Form 10-K, certain information required by this Part III is incorporated by reference to the definitive proxy statement relating to our 2022 annual meeting of stockholders (the "2022 Proxy Statement"), as set forth below.
1 unchanged sentence
DIRECTORS, EXECUTIVE OFFICERS, AND CORPORATE GOVERNANCE
−Removed: The information set forth in the 2021 Proxy Statement under the heading "Proposal No.
+Added: The information set forth in the 2022 Proxy Statement under the headings "Management"
+Added: and "Proposal No.
1 - Election of Directors"
is incorporated herein by reference.
−Removed: The Company has adopted a Code of Ethical Conduct that applies to all of the Company’s employees, including the Company’s Chief Executive Officer and Chief Financial Officer and other persons performing similar functions.
−Removed: The Company has posted a copy of the Code of Ethical Conduct on its website at www.advancedenergy.com, and such Code of Ethical Conduct is available, in print, without charge, to any stockholder who requests it from the Company’s Secretary.
−Removed: The Company intends to satisfy the disclosure requirements under Item 5.05 of Form 8-K regarding amendments to, or waivers from, the Code of Ethical Conduct by posting such information on its website at www.advancedenergy.com.
−Removed: The Company is not including the information contained on its website as part of, or incorporating it by reference into, this report.
−Removed: Executive Officers
−Removed: Our executive officers, their positions, and their ages as of December 31, 2020 were as follows:
−Removed: Yuval Wasserman, 66, has served as President and Chief Executive Officer, and as a director of Advanced Energy since October 2014.
−Removed: Wasserman joined us in August 2007 as Senior Vice President, Sales, Marketing and Service.
−Removed: In October 2007, Mr.
−Removed: Wasserman was promoted to Executive Vice President, Sales, Marketing and Service.
−Removed: In April 2009, he was promoted to Executive Vice President and Chief Operating Officer of the Company, and then in August 2011, he was promoted to President of the Thin Films Business Unit.
−Removed: Wasserman was on the Board of Directors of Syncroness, Inc., an outsourced engineering and product development company, from 2010 to 2017 when it was sold, and joined the Board of Directors of FARO Technologies, Inc., a publicly traded manufacturer of three-dimensional ("3D") measurement, imaging and realization systems, in December 2017.
−Removed: Wasserman is a National
−Removed: Association of Corporate Directors ("NACD") Governance Fellow.
−Removed: Wasserman has a BSc degree in chemical engineering from Ben Gurion University in Israel.
−Removed: Paul Oldham, 57, joined the Company in May 2018 as its Executive Vice President and Chief Financial Officer.
−Removed: Previously Mr.
−Removed: Oldham served as the Senior Vice President of Administration, Chief Financial Officer and Corporate Secretary of Electro Scientific Industries, Inc., a developer and manufacturer of laser-based production equipment ("ESI"), from February 17, 2016 until December 4, 2017, and as the Vice President of Administration, Chief Financial Officer and Corporate Secretary of ESI from January 7, 2008 until February 16, 2016.
−Removed: Prior to joining ESI, Mr.
−Removed: Oldham was employed at Tektronix, Inc., a test, measurement, and monitoring company, since 1988, where he held several senior leadership positions, including Vice President Finance and Corporate Controller, Vice President - Treasurer and Investor Relations and European Operations Controller.
−Removed: Oldham has a bachelor’s degree in Accounting and an MBA in accounting and finance from Brigham Young University.
−Removed: McGimpsey, 59, joined the Company in April 2009 and currently serves as its Chief Administration Officer, Executive Vice President of Corporate Development & Corporate Secretary.
−Removed: McGimpsey was previously the Executive Vice President – General Counsel, Government Affairs & Corporate Secretary.
−Removed: McGimpsey was also the interim Chief Financial Officer from January to May in 2018, the Corporate Development ("M&A") Officer from 2011 to 2015 and he managed the IT Department from 2010 to 2013, all while serving as General Counsel.
−Removed: Prior to joining the Company, Mr.
−Removed: McGimpsey was Vice President of Operations at First Data Corporation from February 2008 to April 2009.
−Removed: During 2007, Mr.
−Removed: McGimpsey was a consultant and legal advisor to various companies.
−Removed: Prior to that, Mr.
−Removed: McGimpsey was the Executive Vice President of Business Development & Chief Legal Officer for McDATA Corporation from July 2000 to January 2007 when the company was sold.
−Removed: From February 1998 until its sale in June 2000, Mr.
−Removed: McGimpsey held the position of Director and Senior Corporate Attorney at US WEST, Inc.
−Removed: From 1991 to 1998, Mr.
−Removed: McGimpsey was in private practice at national law firms.
−Removed: From 1984 to 1988, Mr.
−Removed: McGimpsey was a Senior Engineer for Software Technology, Inc.
−Removed: (a Harris company).
−Removed: McGimpsey has been on the Board of Directors of CPP, Inc., an international engineering services company, since August 2015 and has been a Commissioner on the Colorado Commission on Higher Education since July 2015.
−Removed: McGimpsey received his MBA (with distinction) from Colorado State University, his Juris Doctor degree from the University of Colorado and his B.S.
−Removed: degree in Computer Science from Embry-Riddle Aeronautical University.
−Removed: McGimpsey was a National Association of Corporate Directors ("NACD") Board Leadership Fellow and is licensed to practice law in New York, Colorado, Florida and before the U.S.
−Removed: Supreme Court.
−Removed: Dana Huth, 59, is Advanced Energy’s Executive Vice President & Chief Revenue Officer.
−Removed: Huth served as President of Artesyn Embedded Power from May 2019 until September 2019 when acquired by Advanced Energy in September 2019.
−Removed: Before leading Embedded Power, Mr.
−Removed: Huth served as President of consumer business and global sales at Artesyn Embedded Technologies from January 2014 to May 2019, and as President of global sales, key accounts and distribution at Emerson Embedded Power from January 2008 to January 2014.
−Removed: At Motorola, Mr.
−Removed: Huth held senior management positions from February 2004 to January 2008, including Vice President of worldwide sales and market development, Vice President of global accounts, and Vice President of sales for the Asia Pacific region and Japan.
−Removed: Huth also spent more than 19 years with Avnet, Inc., one of the world’s largest value-added distributors and systems integrators of electronic components, computer products, and embedded technology.
−Removed: He held various positions which included Senior Vice President and leading Avnet’s global partnership with IBM.
+Added: We adopted a Code of Ethical Conduct that applies to all employees, including our Chief Executive Officer, Chief Financial Officer, and others performing similar functions.
+Added: We posted a copy of the Code of Ethical Conduct on our website at www.advancedenergy.com, and such Code of Ethical Conduct is available, in print, without charge, to any stockholder who requests it from the Company’s Secretary.
+Added: We intend to satisfy the disclosure requirements under Item 5.05 of Form 8-K regarding amendments to, or waivers from, the Code of Ethical Conduct by posting such
+Added: information on our website at www.advancedenergy.com.
+Added: We are not including the information contained on our website as part of, or incorporating it by reference into, this report.
EXECUTIVE COMPENSATION
7 unchanged sentences
The following table summarizes information about the equity incentive compensation plans as of December 31, 2021.
−Removed: All outstanding awards in the table shown below relate to our common stock.
+Added: All outstanding awards relate to our common stock.
Plan Category
−Removed: Number of securities to be issued upon exercise of outstanding options, warrants and rights
−Removed: Weighted average exercise price of outstanding options, warrants and rights
−Removed: Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column A)
+Added: Number of securities to be issued
+Added: upon exercise of outstanding
+Added: options, warrants and rights
+Added: Weighted average exercise price
+Added: of outstanding options, warrants
+Added: Number of securities remaining available
+Added: for future issuance under equity
+Added: compensation plans (excluding securities
+Added: reflected in column A)
+Added: (in thousands, except exercise price per share)
Equity compensation plans approved by security holders
Equity compensation plans not approved by security holders
−Removed: (1) This number includes 200,409 shares available for future issuance under the Employee Stock Purchase Plan
−Removed: CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS
+Added: (1) This number includes 665 thousand shares available for future issuance under the Employee Stock Purchase Plan
+Added: CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR
Not applicable.
PRINCIPAL ACCOUNTING FEES AND SERVICES
−Removed: The information set forth in the 2021 Proxy Statement under the caption "Ratification of the Appointment of Ernst & Young LLP as Advanced Energy’s Independent Registered Public Accounting Firm for 2021"
+Added: The information set forth in the 2022 Proxy Statement under the caption "Proposal No.
+Added: 2 - Ratification of the Appointment of Ernst & Young LLP as Advanced Energy’s Independent Registered Public Accounting Firm for 2022"
is incorporated herein by reference.
2 unchanged sentences
Financial Statements:
−Removed: See Index to Financial Statements at Item 8 herein.
+Added: See Index to Financial Statements at Part II, Item 8 herein.
Financial Statement Schedules for the years ended December 31, 2021, 2020 and 2019
All schedules have been omitted because they are either not applicable or the required information is included in the financial statements and notes thereto.
−Removed: Agreement and Plan of Merger by and among Advanced Energy Industries, Inc., Eclipse Merger Sub, Inc., LumaSense Technologies Holdings, Inc., and Shareholder Representative Services LLC, dated July 26, 2018.
+Added: Incorporated by Reference
Stock Purchase Agreement by and among Advanced Energy Industries, Inc., Artesyn Embedded Technologies, Inc., Pontus Intermediate Holdings II, LLC and Pontus Holdings, LLC, dated May 14, 2019 **
First Amendment to the Stock Purchase Agreement by and among Advanced Energy Industries, Inc., Artesyn Embedded Technologies, Inc., Pontus Intermediate Holdings II, LLC and Pontus Holdings, LLC, dated September 9, 2019 **
+Added: September 10, 2019
Amended and Restated Certificate of Incorporation of Advanced Energy Industries, Inc.
+Added: August 5, 2019
Second Amended and Restated By-Laws of Advanced Energy Industries, Inc.
Form of Specimen Certificate for Common Stock
+Added: September 21, 1995
Description of Advanced Energy Industries, Inc.
+Added: March 2, 2020
Lease dated January 16, 2003, by and between China Great Wall Computer Shenzhen Co., Ltd., Great Wall Limited and Advanced Energy Industries (Shenzhen) Co., Ltd., for a building located in Shenzhen, China
+Added: February 24, 2004
Form of Indemnification Agreement
+Added: September 21, 1995
Form of Director Indemnification Agreement
+Added: December 14, 2009
Form of Notice of Grant for Restricted Stock Unit *
3 unchanged sentences
Form of Non-Qualified Stock Option Agreement *
+Added: Incorporated by Reference
Form of LTI Notice of Grant *
2 unchanged sentences
Form of 2020 Short-Term Incentive Plan *
+Added: March 2, 2020
2017 Long-Term Incentive (LTI) Plan *
+Added: March 14, 2017
2017 Short-Term Incentive (STI) Plan *
+Added: March 14, 2017
2017 Omnibus Incentive Plan *
+Added: March 14, 2017
2008 Omnibus Incentive Plan, as amended May 4, 2010 *
+Added: March 2, 2011
Employee Stock Purchase Plan *
−Removed: Offer Letter, dated September 28, 2014, by and among Advanced Energy Industries, Inc.
−Removed: and Yuval Wasserman.
+Added: September 21, 1995
+Added: Transition and Retirement Agreement dated February 8, 2021 *
+Added: February 10, 2021
+Added: Offer Letter dated February 8, 2021 *
+Added: February 10, 2021
Global Supply Agreement by and between Advanced Energy Industries, Inc.
1 unchanged sentence
dated August 29, 2005 +
+Added: November 7, 2005
Shipping Amendment to the Global Supply Agreement by and between Advanced Energy Industries, Inc.
1 unchanged sentence
dated August 29, 2005 +
+Added: November 7, 2005
Bridge Amendment to the Global Supply Agreement by and between Advanced Energy Industries, Inc.
3 unchanged sentences
and Morgan Stanley & Co.
+Added: November 6, 2015
Offer Letter to Paul Oldham, dated March 26, 2018 *
+Added: March 29, 2018
Form of Executive Change in Control and General Severance Agreement
+Added: August 6, 2018
+Added: Incorporated by Reference
Credit Agreement, dated September 10, 2019, by and among Advanced Energy Industries, Inc., Bank of America N.A.
1 unchanged sentence
as the Joint Lead Arrangers and Joint Book Runners, and Citibank N.A., as the Co-Manager
+Added: September 10, 2019
ISDA 2002 Master Agreement, by and between Advanced Energy Industries, Inc.
and HSBC Bank USA, National Association, dated as of April 2, 2020 (the "HSBC ISDA Master Agreement")
+Added: April 10, 2020
ISDA 2002 Master Agreement, by and between Advanced Energy Industries, Inc.
and Citibank, N.A., dated as of April 7, 2020 (the "Citibank ISDA Master Agreement")
+Added: April 10, 2020
Schedule to the HSBC ISDA Master Agreement
+Added: April 10, 2020
Schedule to the Citibank ISDA Master Agreement
+Added: April 10, 2020
Rate Swap Transaction Confirmation, by and between Advanced Energy Industries, Inc.
and HSBC Bank USA, National Association, dated April 7, 2020
+Added: April 10, 2020
Rate Swap Transaction Confirmation, by and between Advanced Energy Industries, Inc.
and Citibank, N.A., dated April 9, 2020
−Removed: Amendment dated January 11, 2021 to the Schedule to the ISDA 2002 Master Agreement dated April 2, 2020 between HSBC Bank USA, National Association and Advanced Energy Industries, Inc.
−Removed: Letter from Grant Thornton LLP.
+Added: April 10, 2020
+Added: Amendment No.
+Added: 1 to Credit Agreement, dated September 9, 2021, by and among Advanced Energy Industries, Inc., the guarantors party thereto, Bank of America N.A.
+Added: as the Administrative Agent, and the lenders party thereto (which included the marked Credit Agreement as Exhibit A thereto)
+Added: September 9, 2021
+Added: Offer of Employment to Eduardo Bernal Acebedo dated August 2, 2021 *
+Added: September 8, 2021
+Added: Form of Long-Term Incentive Plan
+Added: February 4, 2021
+Added: Transition and Separation Agreement of Mr.
+Added: Dana Huth, dated July 7, 2021 *
+Added: November 9, 2021
+Added: Advanced Energy Industries, Inc.
+Added: Deferred Compensation Plan *
+Added: November 9, 2021
+Added: Incorporated by Reference
Subsidiaries of Advanced Energy Industries, Inc .
−Removed: Consent of Grant Thornton LLP, Independent Registered Public Accounting Firm.
−Removed: Consent of Ernst & Young LLP, Independent Registered Public Accounting Firm.
+Added: Filed herewith
+Added: Consent of Independent Registered Public Accounting Firm
+Added: Filed herewith
Certification of the Chief Executive Officer Pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
+Added: Filed herewith
Certification of the Principal Financial Officer Pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
+Added: Filed herewith
Certification of the Chief Executive Officer Pursuant to 18 U.S.C.
Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
+Added: Filed herewith
Certification of the Chief Financial Officer Pursuant to 18 U.S.C.
Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
−Removed: XBRL Instance Document
−Removed: XBRL Taxonomy Extension Schema Document
−Removed: XBRL Taxonomy Extension Calculation Linkbase Document
−Removed: XBRL Taxonomy Extension Definition Linkbase Document
−Removed: XBRL Taxonomy Extension Label Linkbase Document
−Removed: XBRL Taxonomy Extension Presentation Linkbase Document
+Added: Filed herewith
+Added: Inline XBRL Instance Document
+Added: Filed herewith
+Added: Inline XBRL Taxonomy Extension Schema Document
+Added: Filed herewith
+Added: Inline XBRL Taxonomy Extension Calculation Linkbase Document
+Added: Filed herewith
+Added: Inline XBRL Taxonomy Extension Definition Linkbase Document
+Added: Filed herewith
+Added: Inline XBRL Taxonomy Extension Label Linkbase Document
+Added: Filed herewith
+Added: Inline XBRL Taxonomy Extension Presentation Linkbase Document
+Added: Filed herewith
Cover Page Interactive Data File (formatted as Inline XBRL with applicable taxonomy extension information contained in Exhibits 101)
−Removed: Incorporated by reference to the Registrant’s Registration Statement on Form S-1 (File No.
−Removed: 33-97188), filed September 21, 1995.
−Removed: Incorporated by reference to the Registrant’s Annual Report on Form 10-K for the year ended December 31, 2003 (File No.
−Removed: 000-26966), filed February 24, 2004.
−Removed: Incorporated by reference to the Registrant’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2005 (File No.
−Removed: 000-26966), filed November 7, 2005.
−Removed: Incorporated by reference to the Registrant’s Current Report on Form 8-K (File No.
−Removed: 000-26966), filed December 14, 2009.
−Removed: Incorporated by reference to the Registrant’s Annual Report on Form 10-K for the year ended December 31, 2010 (File No.
−Removed: 000-26966), filed March 2, 2011.
−Removed: Incorporated by reference to the Registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2011 (File No.
−Removed: 000-26966), filed May 6, 2011.
−Removed: Incorporated by reference to the Registrant’s Current Report on Form 8-K (File No.
−Removed: 000-26966) filed May 10, 2013.
−Removed: Incorporated by reference to the Registrant’s Current Report on Form 8-K (File No.
−Removed: 000-26966) filed October 1, 2014.
−Removed: Incorporated by reference to the Registrant’s Current Report on Form 8-K (File No.
−Removed: 000-26966) filed November 6, 2015.
−Removed: Incorporated by reference to Appendix A of the Registrant’s Proxy Statement for the Registrant’s 2017 Annual Meeting of Stockholders (File No.
−Removed: 000-26966), filed March 14, 2017.
−Removed: Incorporated by reference to Appendix B of the Registrant’s Proxy Statement for the Registrant’s 2017 Annual Meeting of Stockholders (File No.
−Removed: 000-26966), filed March 14, 2017.
−Removed: Incorporated by reference to the Registrant’s Current Report on Form 8-K (File No.
−Removed: 000-26966), filed March 29, 2018.
−Removed: Incorporated by reference to the Registrant’s Current Report on Form 8-K (File No.
−Removed: 000-26966), filed July 30, 2018.
−Removed: Incorporated by reference to the Registrant’s Current Report on Form 8-K (File No.
−Removed: 000-26966), filed August 6, 2018.
−Removed: Incorporated by reference to the Registrant’s Current Report on Form 8-K (File No.
−Removed: 000-26966), filed March 27, 2019.
−Removed: Incorporated by reference to the Registrant’s Current Report on Form 8-K (File No.
−Removed: 000-26966), filed May 15, 2019.
−Removed: Incorporated by reference to the Registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2019 (File No.
−Removed: 000-26966), filed August 5, 2019.
−Removed: Incorporated by reference to the Registrant’s Current Report on Form 8-K (File No.
−Removed: 000-26966), filed September 10, 2019.
−Removed: Incorporated by reference to the Registrant’s Annual Report on Form 10-K for the year ended December 31, 2019 (File No.
−Removed: 000-26966), filed March 2, 2020.
−Removed: Incorporated by reference to the Registrant’s Current Report on Form 8-K (File No.
−Removed: 000-26966), filed April 10, 2020.
−Removed: Incorporated by reference to the Registrant’s Current Report on Form 8-K (File No.
−Removed: 000-26966), filed May 20, 2020.
+Added: Filed herewith
* Compensation Plan
4 unchanged sentences
ADVANCED ENERGY INDUSTRIES, INC.
−Removed: /s/ Yuval Wasserman
−Removed: Yuval Wasserman
+Added: /s/ Stephen D.
Chief Executive Officer
−Removed: February 23, 2021
+Added: March 16, 2022
Pursuant to the requirements of the Securities Exchange Act of 1934, this Annual Report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
−Removed: /s/ Yuval Wasserman
+Added: /s/ Stephen D.
Chief Executive Officer and Director
+Added: March 16, 2022
(Principal Executive Officer)
−Removed: February 23, 2021
−Removed: Yuval Wasserman
/s/ Paul Oldham
Chief Financial Officer and Executive Vice President
+Added: March 16, 2022
(Principal Financial and Accounting Officer)
−Removed: February 23, 2021
Chairman of the Board
−Removed: February 23, 2021
+Added: March 16, 2022
/s/ Frederick A.
−Removed: February 23, 2021
+Added: March 16, 2022
/s/ Anne DelSanto
−Removed: February 23, 2021
+Added: March 16, 2022
Anne DelSanto
−Removed: February 23, 2021
+Added: March 16, 2022
/s/ Ronald C.
−Removed: February 23, 2021
+Added: March 16, 2022
/s/ Edward C.
−Removed: February 23, 2021
+Added: March 16, 2022
/s/ Lanesha Minnix
−Removed: February 23, 2021
+Added: March 16, 2022
Lanesha Minnix
+Added: March 16, 2022
+Added: March 16, 2022
/s/ Thomas M.
−Removed: February 23, 2021
−Removed: February 23, 2021
+Added: March 16, 2022
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.