TerraForm Power, Inc. 4
4 · TerraForm Power, Inc. · Filed May 30, 2017
Insider Transaction Report
Form 4
CRANNA REBECCA
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2017-03-10$12.33/sh+170$2,096→ 43,259 total - Exercise/Conversion
Restricted Stock Units (Class A common stock)
2017-03-10−170→ 84,182 total→ Class A Common Stock (170 underlying) - Disposition to Issuer
Restricted Stock Units (Class A common stock)
2017-05-23−227→ 100,195 total→ Class A Common Stock (227 underlying) - Exercise/Conversion
Class A Common Stock
2016-03-10$10.00/sh+170$1,700→ 20,075 total - Tax Payment
Class A Common Stock
2016-03-10$10.00/sh−66$660→ 20,009 total - Tax Payment
Class A Common Stock
2017-03-10$12.33/sh−66$814→ 43,193 total - Disposition to Issuer
Restricted Stock Units (Class A common stock)
2016-12-29−906→ 84,352 total→ Class A Common Stock (906 underlying) - Exercise/Conversion
Restricted Stock Units (Class A common stock)
2016-03-10−170→ 111,230 total→ Class A Common Stock (170 underlying)
Footnotes (3)
- [F1]This number of shares represents the time based vesting of restricted stock units awarded on March 10, 2015 under the Company's 2014 Second Amended and Restated Long-Term Incentive Plan. 170 shares of Class A common stock vested on March 10, 2016 and 170 shares of Class A common stock vested on March 10, 2017. These transactions were previously unreported. The number of restricted stock units or shares of Class A common stock listed reflects beneficial ownership as of the time of the reported transaction and has subsequently changed.
- [F2]This number of shares represents shares that were delivered to the Company to pay for the applicable withholding tax due upon vesting of restricted stock units. These transactions were previously unreported. The number of restricted stock units or shares of Class A common stock listed reflects beneficial ownership as of the time of the reported transaction and has subsequently changed.
- [F3]This number of shares represents the cancellation of restricted stock units awarded on March 10, 2015 under the Company's 2014 Second Amended and Restated Long-Term Incentive Plan because the applicable DPS targets were not met. 906 RSUs, representing the first third of the performance based RSUs, were cancelled on December 29, 2016. This transaction was previously unreported. On May 23, 2017, an additional 227 RSUs were cancelled.