TerraForm Power, Inc. 4
4 · TerraForm Power, Inc. · Filed Jul 27, 2016
Insider Transaction Report
Form 4
COMPTON CHRISTOPHER
Director
Transactions
- Award
Restricted Stock Units (Class A common stock)
2016-07-25+12,000→ 20,400 total→ Class A Common Stock (12,000 underlying)
Footnotes (2)
- [F1]On July 25, 2016, 12,000 restricted stock units were awarded under the 2014 Second Amended and Restated Long-Term Incentive Plan in a transaction exempt under rule 16b-3. Each restricted stock unit represents a contingent right to receive one share of TerraForm Power, Inc. Class A Common Stock.
- [F2]The 12,000 restricted stock units vest on the earliest of (i) May 25, 2017, (ii) the date the Participant resigns with the consent of the Board or (iii) the date the Participant is removed from the Board without cause. Vested shares will be delivered to the reporting person as outlined in the Restricted Stock Unit Award Agreement.