4//SEC Filing
COFELICE JOSEPH 4
Accession 0001179110-21-005598
CIK 0001419242other
Filed
May 18, 8:00 PM ET
Accepted
May 19, 7:56 PM ET
Size
7.8 KB
Accession
0001179110-21-005598
Insider Transaction Report
Form 4
COFELICE JOSEPH
EVP Commercial Development
Transactions
- Disposition to Issuer
Notional shares
2021-05-14$3.03/sh−150,760$456,803→ 0 total→ Common shares (150,760 underlying) - Other
Common shares
2021-05-14$3.03/sh−987,322$2,991,586→ 0 total
Footnotes (3)
- [F1]Pursuant to the terms of the Arrangement Agreement dated January 14, 2021 (the "Agreement") by and among Atlantic Power Corporation (the "Company"), Atlantic Power Preferred Equity Ltd. ("APPEL"), Atlantic Power Limited Partnership, Tidal Power Holdings Limited and Tidal Power Aggregator, LP (together with Tidal Power Holdings Limited, the "Purchasers"), the Purchasers purchased each share of Company common stock, no par value (each, a "Common Share") at a price per share of US$3.03, net to the seller in cash, without interest thereon and less any required withholding taxes.
- [F2]Represents previously reported awards of notional shares ("Notional Shares") granted under the Company's Long-Term Incentive Plans, which provide forsettlement of such Notional Shares upon vesting, which occurs ratably over a three year period or upon certain other events. Each Notional Share is equal to theeconomic equivalent of one Common Share.
- [F3]Pursuant to the terms of the Agreement, all outstanding awards of Notional Shares will vest in full and be cancelled and each person holding such Notional Shareswill be entitled to receive a cash payment from the Company equal to US$3.03 for each Common Share subject to his or her Notional Share awards, withoutinterest and less any applicable withholding taxes.
Documents
Issuer
ATLANTIC POWER CORP
CIK 0001419242
Entity typeother
Related Parties
1- filerCIK 0001187991
Filing Metadata
- Form type
- 4
- Filed
- May 18, 8:00 PM ET
- Accepted
- May 19, 7:56 PM ET
- Size
- 7.8 KB