Home/Filings/4/0001209191-17-036233
4//SEC Filing

Northern Power Systems Corp. 4

Accession 0001209191-17-036233

CIK 0001605997operating

Filed

May 29, 8:00 PM ET

Accepted

May 30, 6:19 PM ET

Size

8.1 KB

Accession

0001209191-17-036233

Insider Transaction Report

Form 4
Period: 2017-05-25
Transactions
  • Award

    Common Shares

    2017-05-25+30,000394,883 total
Holdings
  • Common Shares

    (indirect: By LLC)
    1,870,260
Footnotes (2)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of NPS common stock. The grant represents an annual grant of restricted stock units to non-executive directors under the Northern Power Systems Corp. 2014 Stock Option and Incentive Plan. 25% of the shares vest upon grant and the remaining 75% vest in equal installments over the subsequent 3 quarters.
  • [F2]Shares are held directly by CWE LLC. Mr. Hokin is the Manager of CWE LLC, and therefore may be deemed to hold voting and dispositive power over the shares held by CWE LLC. Mr. Hokin disclaims beneficial ownership of the shares held by CWE LLC.

Issuer

Northern Power Systems Corp.

CIK 0001605997

Entity typeoperating
IncorporatedBritish Columbia, Canada

Related Parties

1
  • filerCIK 0001605997

Filing Metadata

Form type
4
Filed
May 29, 8:00 PM ET
Accepted
May 30, 6:19 PM ET
Size
8.1 KB