Ronan Terrence 4
4 · ATLANTIC POWER CORP · Filed Feb 27, 2020
Insider Transaction Report
Form 4
Ronan Terrence
CFO & Corp. Secretary
Transactions
- Tax Payment
Common shares
2020-02-25$2.49/sh−16,340$40,687→ 542,152 total - Exercise/Conversion
Notional shares
2020-02-25$2.49/sh−66,335$165,174→ 316,984 total→ Common shares (66,335 underlying) - Award
Notional shares
2020-02-25+152,610→ 316,984 total→ Common shares (152,610 underlying) - Exercise/Conversion
Common shares
2020-02-25+33,614→ 542,152 total - Tax Payment
Common shares
2020-02-25$2.49/sh−16,807$41,849→ 542,152 total - Tax Payment
Common shares
2020-02-25$2.49/sh−22,112$55,059→ 542,152 total - Exercise/Conversion
Common shares
2020-02-25+44,223→ 542,152 total - Exercise/Conversion
Common shares
2020-02-25+32,680→ 542,152 total - Exercise/Conversion
Notional shares
2020-02-25$2.49/sh−50,420$125,546→ 316,984 total→ Common shares (50,420 underlying) - Exercise/Conversion
Notional shares
2020-02-25$2.49/sh−49,020$122,060→ 316,984 total→ Common shares (49,020 underlying)
Footnotes (7)
- [F1]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.
- [F2]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.
- [F3]The reporting person acquired shares pursuant to the vesting (disclosed on Table II) of notional shares awarded in 2019. 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 2017.
- [F5]The reporting person vested in respect of one third of the notional shares granted in 2018.
- [F6]The reporting person vested in respect of one third of the notional shares granted in 2019.
- [F7]Represents a grant of notional shares pursuant to the Company's Long-Term Incentive Plan (LTIP) in 2020 in respect of the 2019 performance year, which will vest ratably with respect to one-third on each of February 28, 2021, February 28, 2022 and February 28, 2023. 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.