Garland Michael M. 4
4 · Pattern Energy Group Inc. · Filed Mar 19, 2019
Insider Transaction Report
Form 4
Garland Michael M.
DirectorDirector, President and CEO
Transactions
- Disposition to Issuer
Class A Common Stock
2019-03-15−25,008→ 266,174 total - Tax Payment
Class A Common Stock
2019-03-15$21.70/sh−10,670$231,539→ 255,504 total
Holdings
- 100,000(indirect: See footnote)
Class A Common Stock
Footnotes (3)
- [F1]Represents shares forfeited from performance based shares granted on March 15, 2016 (the "2016 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 March 17, 2016. On March 15, 2019, the Company determined that based on the Company's performance over the applicable performance period, 28,580 shares would vest and 25,008 shares would be forfeited.
- [F2]Represents shares withheld for satisfaction of tax withholding obligation arising as a result of the vesting of the 2016 TSR Award. See footnote 1.
- [F3]By the Garland/Coe Revocable Trust dated May 29, 2008, of which the reporting person is a trustee and beneficiary.