TerraForm Power, Inc. 4
4 · TerraForm Power, Inc. · Filed Jun 23, 2015
Insider Transaction Report
Form 4
HERNANDEZ ALEJANDRO
Chief Financial Officer
Transactions
- Award
Employee stock option (right to buy)
2015-06-19+18,750→ 112,500 totalExercise: $29.31From: 2015-06-19Exp: 2024-09-29→ Class A Common Stock (18,750 underlying)
Footnotes (1)
- [F1]On September 29, 2014, the Reporting Person was granted options to purchase 150,000 shares of common stock. The grant of an option to purchase 75,000 such shares was previously reported. The option to purchase the remaining 75,000 shares vests in four equal installments based on the satisfaction by TerraForm Power, Inc. of certain performance criteria based on its payment of quarterly dividends. The performance criteria for the vesting of 18,750 shares were met on June 19, 2015, and it is the second vesting tranche for this award.