Levy Jeffrey S 4
4 · ATLANTIC POWER CORP · Filed Feb 28, 2019
Insider Transaction Report
Form 4
Levy Jeffrey S
SVP, General Counsel
Transactions
- Exercise/Conversion
Common shares
2019-02-26+18,622→ 133,720 total - Exercise/Conversion
Common shares
2019-02-26+23,110→ 133,720 total - Exercise/Conversion
Notional shares
2019-02-26$2.72/sh−45,605$124,046→ 226,978 total→ Common shares (45,605 underlying) - Tax Payment
Common shares
2019-02-26$2.72/sh−11,554$31,427→ 133,720 total - Exercise/Conversion
Common shares
2019-02-26+30,404→ 133,720 total - Exercise/Conversion
Notional shares
2019-02-26$2.72/sh−27,933$75,978→ 226,978 total→ Common shares (27,933 underlying) - Tax Payment
Common shares
2019-02-26$2.72/sh−9,311$25,326→ 133,720 total - Exercise/Conversion
Notional shares
2019-02-26$2.72/sh−34,664$94,286→ 226,978 total→ Common shares (34,664 underlying) - Tax Payment
Common shares
2019-02-26$2.72/sh−15,201$41,347→ 133,720 total - Award
Notional shares
2019-02-26+101,103→ 226,978 total→ Common shares (101,103 underlying)
Footnotes (7)
- [F1]The reporting person acquired shares pursuant to the vesting (disclosed on Table II) of notional shares awarded in 2016. Two thirds of the vested notional shares were settled in common shares and one third were settled in cash, which was deposited into the reporting persons applicable payroll tax withholding account.
- [F2]The reporting person acquired shares pursuant to the vesting (disclosed on Table II) of notional shares awarded in 2017. Two thirds of the vested notional shares were settled in common shares and one third were settled in cash, which was deposited into the reporting persons applicable payroll tax withholding account.
- [F3]The reporting person acquired shares pursuant to the vesting (disclosed on Table II) of notional shares awarded in 2018. Two thirds of the vested notional shares were settled in common shares and one third were settled in cash, which was deposited into the reporting persons applicable payroll tax withholding account.
- [F4]The reporting person vested in respect of one-third of the notional shares granted in 2016.
- [F5]The reporting person vested in respect of one-third of the notional shares granted in 2017.
- [F6]The reporting person vested in respect of one-third of the notional shares granted in 2018.
- [F7]Represents a grant of notional shares pursuant to the Company's Long-Term Incentive Plan (LTIP) in 2019 in respect of the 2018 performance year, which will vest ratably with respect to one-third on each of February 28, 2020, February 28, 2021 and February 28, 2022. Under the LTIP, each notional share represents a right to receive one-third in cash, which will be deposited into the reporting persons applicable payroll tax withholding account, and the remainder in common shares.