4//SEC Filing
Brookfield BRP Holdings (Canada) Inc. 4
Accession 0000950157-17-001645
CIK 0001620702other
Filed
Dec 27, 7:00 PM ET
Accepted
Dec 28, 9:49 PM ET
Size
25.8 KB
Accession
0000950157-17-001645
Insider Transaction Report
Form 4
Brookfield Renewable Energy L.P.
10% Owner
Transactions
- Other
Common Stock, Class A, $0.01 par value
2017-12-28+1→ 1 total(indirect: Held by Orion US Holdings 1 L.P.) - Other
Common Stock, Class A, $0.01 par value
2017-12-28−19,535,004→ 0 total(indirect: Held by Orion US Holdings 1 L.P.) - Disposition from Tender
Common Stock, Class A, $0.01 par value
2017-12-28$5.10/sh−1,000$5,100→ 0 total(indirect: Held by Brookfield BRP Holdings (Canada) Inc.)
BROOKFIELD Corp /ON/
10% Owner
Transactions
- Disposition from Tender
Common Stock, Class A, $0.01 par value
2017-12-28$5.10/sh−1,000$5,100→ 0 total(indirect: Held by Brookfield BRP Holdings (Canada) Inc.) - Other
Common Stock, Class A, $0.01 par value
2017-12-28−19,535,004→ 0 total(indirect: Held by Orion US Holdings 1 L.P.) - Other
Common Stock, Class A, $0.01 par value
2017-12-28+1→ 1 total(indirect: Held by Orion US Holdings 1 L.P.)
Transactions
- Disposition from Tender
Common Stock, Class A, $0.01 par value
2017-12-28$5.10/sh−1,000$5,100→ 0 total(indirect: Held by Brookfield BRP Holdings (Canada) Inc.) - Other
Common Stock, Class A, $0.01 par value
2017-12-28+1→ 1 total(indirect: Held by Orion US Holdings 1 L.P.) - Other
Common Stock, Class A, $0.01 par value
2017-12-28−19,535,004→ 0 total(indirect: Held by Orion US Holdings 1 L.P.)
Brookfield Renewable Partners L.P.
10% Owner
Transactions
- Other
Common Stock, Class A, $0.01 par value
2017-12-28−19,535,004→ 0 total(indirect: Held by Orion US Holdings 1 L.P.) - Disposition from Tender
Common Stock, Class A, $0.01 par value
2017-12-28$5.10/sh−1,000$5,100→ 0 total(indirect: Held by Brookfield BRP Holdings (Canada) Inc.) - Other
Common Stock, Class A, $0.01 par value
2017-12-28+1→ 1 total(indirect: Held by Orion US Holdings 1 L.P.)
Brookfield Renewable Partners Ltd
10% Owner
Transactions
- Other
Common Stock, Class A, $0.01 par value
2017-12-28−19,535,004→ 0 total(indirect: Held by Orion US Holdings 1 L.P.) - Other
Common Stock, Class A, $0.01 par value
2017-12-28+1→ 1 total(indirect: Held by Orion US Holdings 1 L.P.) - Disposition from Tender
Common Stock, Class A, $0.01 par value
2017-12-28$5.10/sh−1,000$5,100→ 0 total(indirect: Held by Brookfield BRP Holdings (Canada) Inc.)
BREP Holding L.P.
10% Owner
Transactions
- Disposition from Tender
Common Stock, Class A, $0.01 par value
2017-12-28$5.10/sh−1,000$5,100→ 0 total(indirect: Held by Brookfield BRP Holdings (Canada) Inc.) - Other
Common Stock, Class A, $0.01 par value
2017-12-28+1→ 1 total(indirect: Held by Orion US Holdings 1 L.P.) - Other
Common Stock, Class A, $0.01 par value
2017-12-28−19,535,004→ 0 total(indirect: Held by Orion US Holdings 1 L.P.)
BRP Bermuda GP Ltd
10% Owner
Transactions
- Other
Common Stock, Class A, $0.01 par value
2017-12-28−19,535,004→ 0 total(indirect: Held by Orion US Holdings 1 L.P.) - Disposition from Tender
Common Stock, Class A, $0.01 par value
2017-12-28$5.10/sh−1,000$5,100→ 0 total(indirect: Held by Brookfield BRP Holdings (Canada) Inc.) - Other
Common Stock, Class A, $0.01 par value
2017-12-28+1→ 1 total(indirect: Held by Orion US Holdings 1 L.P.)
Footnotes (9)
- [F1]For the reasons discussed in the Remarks below, this and a separate Form 4 filed today are being jointly filed by and on behalf of each of the following persons (each, a "Reporting Person"): (i) Orion US Holdings 1 L.P.; (ii) Orion US GP LLC; (iii) Brookfield Infrastructure Fund III GP LLC; (iv) Brookfield Asset Management Private Institutional Capital Adviser (Canada), L.P.; (v) Brookfield BRP Holdings (Canada) Inc.; (vi) Brookfield Renewable Energy L.P.; (vii) Brookfield Renewable Partners L.P.; (viii) Brookfield Renewable Partners Limited; (ix) BREP Holding L.P.; (x) BRP Bermuda GP Limited; (xi) Brookfield Asset Management Inc.; and (xii) Partners Limited. The Reporting Persons are making these joint filings because they may be deemed to constitute a "group" within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the "Act").
- [F2]Each Reporting Person states that neither the filing of these statements nor anything herein or therein shall be deemed an admission that such person is, for the purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities covered by these statements. Orion US Holdings 1 L.P., Brookfield Renewable Partners L.P. and Brookfield Renewable Energy L.P. each disclaims beneficial ownership of all the securities covered by these statements, including any securities that may be deemed to be beneficially owned by any other Reporting Person. Each other Reporting Person disclaims beneficial ownership of the securities covered by these statements, except to the extent of the pecuniary interest of such person in such securities.
- [F3]The following Reporting Persons may be deemed to beneficially own the securities held by Orion US Holdings 1 L.P.: Orion US GP LLC, as general partner of Orion US Holdings 1 L.P.; Brookfield Infrastructure Fund III GP LLC, as indirect general partner of Orion US Holdings 1 L.P. and Orion US GP LLC; Brookfield Asset Management Private Institutional Capital Adviser (Canada), L.P., as investment advisor to Brookfield Infrastructure Fund III GP LLC; Brookfield Asset Management Inc., as the ultimate parent of Brookfield Infrastructure Fund III GP LLC and Brookfield Asset Management Private Institutional Capital Adviser (Canada), L.P.; and Partners Limited, which holds 85,120 Class B limited voting shares of Brookfield Asset Management Inc., representing 100% of such shares, and 867,495 Class A limited voting shares of Brookfield Asset Management Inc., representing approximately 0.1% of such shares.
- [F4]The following Reporting Persons may be deemed to beneficially own the securities held by Brookfield BRP Holdings (Canada) Inc.: Brookfield Renewable Energy L.P., as the parent of Brookfield BRP Holdings (Canada) Inc.; Brookfield Renewable Partners L.P., as parent of Brookfield Renewable Energy L.P.; Brookfield Renewable Partners Limited, as general partner of Brookfield Renewable Partners L.P.; BREP Holding L.P., as general partner of Brookfield Renewable Energy L.P.; BRP Bermuda GP Limited, as general partner of BREP Holding L.P.; Brookfield Asset Management Inc., as the ultimate parent of Brookfield Renewable Partners Limited and BRP Bermuda GP Limited; and Partners Limited, which holds 85,120 Class B limited voting shares of Brookfield Asset Management Inc., representing 100% of such shares, and 867,495 Class A limited voting shares of Brookfield Asset Management Inc., representing approximately 0.1% of such shares.
- [F5]On Dec. 28, 2017, pursuant to the Agreement and Plan of Merger, dated as of March 6, 2017 (the "Merger Agreement"), by and among the Issuer, Orion US Holdings 1 L.P. and BRE GLBL Holdings Inc. ("Merger Sub"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation in the Merger and a wholly-owned subsidiary of Orion US Holdings 1 L.P. At the effective time of the Merger (the "Effective Time"), holders of shares of Class A common stock, par value $0.01 per share, of the Issuer (the "Class A Shares") issued and outstanding immediately prior to the Effective Time, other than Class A Shares owned by Orion US Holdings 1 L.P., Merger Sub or any other direct or indirect wholly-owned subsidiary of Orion US Holdings 1 L.P. (the "Orion Shares") and certain other Class A Shares, were entitled to receive $5.10 in cash for each Class A Share owned by such holder immediately prior to the Effective Time (the "Per Share Merger Consideration").
- [F6]Pursuant to the Merger Agreement, at the Effective Time, all 19,535,004 Orion Shares were cancelled without payment of any consideration therefor.
- [F7]Pursuant to the Merger Agreement, at the Effective Time, all 1,000 Class A Shares held directly by Brookfield BRP Holdings (Canada) Inc. were converted into the right to receive the Per Share Merger Consideration and cancelled.
- [F8]Pursuant to the Merger Agreement, at the Effective Time, each share of common stock, par value $0.01 per share, of Merger Sub issued and outstanding immediately prior to the Effective Time, of which there was one such share, was converted into one share of Class A common stock, par value $0.01 per share, of the Issuer as the surviving corporation in the Merger. At the Effective Time, Orion US Holdings 1 L.P. became the sole direct holder of such share.
- [F9]As a result of the consummation of the Merger, the Class A Shares will be delisted from the Nasdaq Global Select Market and deregistered pursuant to Section 12(g)(4) of the Act, and the Issuer will no longer have any securities registered pursuant to Section 12 of the Act. Accordingly, this Form 4 is being filed as an exit Form 4 with respect to each Reporting Person, indicating no further reporting will be required of such Reporting Person.
Documents
Issuer
TERRAFORM GLOBAL, INC.
CIK 0001620702
Entity typeother
IncorporatedOntario, Canada
Related Parties
1- filerCIK 0001533231
Filing Metadata
- Form type
- 4
- Filed
- Dec 27, 7:00 PM ET
- Accepted
- Dec 28, 9:49 PM ET
- Size
- 25.8 KB