4//SEC Filing
SUNEDISON, INC. 4
Accession 0000945436-15-000073
CIK 0000945436operating
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 6:29 AM ET
Size
5.9 KB
Accession
0000945436-15-000073
Insider Transaction Report
Form 4
SUNEDISON, INC.SUNE
Truong Martin H.
VP, General Counsel & Sec.
Transactions
- Award
Common Stock
2015-03-10+24,000→ 112,452 total
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of SunEdison common stock. The restricted stock units were awarded on March 10, 2015 under the Amended and Restated SunEdison 2010 Equity Incentive Plan in a transaction exempt under Rule 16b-3.
- [F2]These RSU awards are 80% performance based and 20% time based, which are vested at 25 percent per year over a four year period. For the performance based RSUs, there are three performance tiers, each tier represents 33 percent of the entire grant. The performance tiers are measured on the dividend per share ("DPS") of TerraForm Power, Inc., a controlled publicly traded subsidiary, which the Company is the sponsor. Each of the performance tiers are based on TerraForm DPS targets, as pre-determined and approved by the Company's Compensation Committee. If certain performance goals are not achieved, the first, second and third performance tiers are forfeited in its entirety. If certain performance goals are met by the first quarter of 2016, 2017 and 2018, as measured by the last twelve months, the first, second and third tier will vest at 50%, 75% or 100%.
Documents
Issuer
SUNEDISON, INC.
CIK 0000945436
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000945436
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 6:29 AM ET
- Size
- 5.9 KB