4//SEC Filing
Osmars Kimball 4
Accession 0001140361-20-017218
CIK 0001599947other
Filed
Jul 30, 8:00 PM ET
Accepted
Jul 31, 5:23 PM ET
Size
8.0 KB
Accession
0001140361-20-017218
Insider Transaction Report
Form 4
Osmars Kimball
Chief Operating Officer
Transactions
- Disposition to Issuer
Class A Common Stock
2020-07-31−3,605→ 0 total - Disposition to Issuer
Restricted Stock Units
2020-07-31−20,794→ 0 totalExercise: $0.00→ Class A Common Stock (20,794 underlying)
Footnotes (3)
- [F1]On July 31, 2020, pursuant to the Agreement and Plan of Reorganization (the "Reorganization Agreement"), dated as of March 16, 2020, among Brookfield Renewable Partners L.P. ("BEP"), Brookfield Renewable Corporation ("BEPC"), 2252876 Alberta ULC, a wholly owned direct subsidiary of BEP, TerraForm Power, Inc. ("TerraForm Power") and TerraForm Power NY Holdings, Inc. ("Holdings"), pursuant to which TerraForm Power merged with and into Holdings, with Holdings surviving the merger (the "Reincorporation Merger").
- [F2](continued from footnote 1) Pursuant to the Reorganization Agreement, at the effective time of the Reincorporation Merger, each share of Class A common stock, par value $0.01, of TerraForm Power was acquired for consideration equivalent to 0.47625 of a BEP unit. For each share of TerraForm Power's Class A common stock held, TerraForm Power stockholders were entitled to receive, at their election, either Class A exchangeable subordinate voting shares of BEPC or limited partnership interests in BEP representing a fractional part of all the limited partner interests in BEP.
- [F3]At the effective time of the Reincorporation Merger (the "Reincorporation Effective Time"), each TerraForm Power Restricted Stock Unit outstanding as of the Reincorporation Effective Time was converted into an award of the same type with respect to Class B common stock, par value $0.01, of Holdings on a one-for-one basis (with the same terms).
Documents
Issuer
TerraForm Power, Inc.
CIK 0001599947
Entity typeother
Related Parties
1- filerCIK 0001807407
Filing Metadata
- Form type
- 4
- Filed
- Jul 30, 8:00 PM ET
- Accepted
- Jul 31, 5:23 PM ET
- Size
- 8.0 KB