Northern Power Systems Corp. 4
4 · Northern Power Systems Corp. · Filed May 30, 2017
Insider Transaction Report
Form 4
ELLIS ALEXANDER III
Director
Transactions
- Award
Common Shares
2017-05-25+30,000→ 30,000 total
Holdings
- 4,892,665(indirect: BY ROCKPORT CAPITAL PARTNERS III, LP)
Common Shares
- 75,000(indirect: By LLC)
Common Shares
Footnotes (3)
- [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 RockPort Capital Partners III, L.P. Mr. Ellis is a General Partner of RockPort Capital Partners III, L.P., and therefore may be deemed to hold voting and dispositive power over the shares held by RockPort Capital Partners III, L.P. Mr. Ellis disclaims beneficial ownership of the shares held by RockPort Capital Partners III, L.P.
- [F3]Shares are held directly by R P Capital Management LLC. Mr. Ellis is a General Partner of R P Capital Management LLC, and therefore may be deemed to hold voting and dispositive power over the shares held by R P Capital Management LLC. Mr. Ellis disclaims beneficial ownership of the shares held by R P Capital Management LLC. Mr. Ellis transferred the shares to R P Capital Management LLC.