Garland Michael M. 4

4 · Pattern Energy Group Inc. · Filed Mar 19, 2018

Form 4

Period: 2018-03-15

DirectorDirector, President and CEO

Transactions

Disposition to Issuer
Class A Common Stock
2018-03-15−11,319→ 238,464 total
Award
Class A Common Stock
2018-03-15+30,081→ 306,705 total
Tax Payment
Class A Common Stock
2018-03-15$18.55/sh−7,829$145,228→ 230,635 total
Award
Class A Common Stock
2018-03-15+45,989→ 276,624 total

Holdings

Footnotes (5)

[F1]Represents shares forfeited from performance based shares granted on April 10, 2015 (the "2015 TSR Award") that were eligible to vest based on certain financial performance objectives. Upon grant, the maximum vesting amount was reported in Table 1 of Form 4 filed April 14, 2015. On March 15, 2018, the Company determined that based on the Company's performance over the applicable performance period, 22,638 shares would vest and 11,319 shares would be forfeited.
[F2]Represents shares withheld for satisfaction of tax withholding obligation arising as a result of the vesting of the 2015 TSR Award. See footnote 1.
[F3]Represents the maximum number of shares granted pursuant to a performance share award which may become earned and vested based on relative total shareholder return over the three-year period ending December 31, 2020. The actual amount eligible for vesting will be between 0 and 100% of this number, depending on actual performance.
[F4]Represents a time-vested restricted share award vests in 3 equal annual installments starting in December 2018.
[F5]By the Garland/Coe Revocable Trust dated May 29, 2008, of which the reporting person is a trustee and beneficiary.

Documents

1 file