COMPTON CHRISTOPHER 4
4 · TerraForm Power, Inc. · Filed Oct 18, 2017
Insider Transaction Report
Form 4
COMPTON CHRISTOPHER
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2017-10-16+12,778→ 12,778 total - Exercise/Conversion
Restricted Stock Units (Class A common stock)
2017-10-16$9.52/sh−7,622$72,561→ 0 total→ Class A Common Stock (7,622 underlying) - Exercise/Conversion
Restricted Stock Units (Class A common stock)
2017-10-16−12,778→ 7,622 total→ Class A Common Stock (12,778 underlying)
Footnotes (1)
- [F1]In connection with the merger and other transactions set forth in the Merger and Sponsorship Transaction Agreement, dated as of March 6, 2017, by and among TerraForm Power, Inc., Orion US Holdings 1 L.P. and BRE TERP Holdings Inc., for each restricted stock unit and share of Class A common stock held by the filer, the filer was given the option to elect to receive either $9.52 per share or to retain a share of Class A common stock, subject to proration. On October 16, 2017, after taking into account the applicable proration, 7,622 shares of Class A common stock underlying vested RSUs were converted into the right to receive $9.52 per share in cash and 12,778 shares of Class A common stock underlying vested RSUs remained outstanding.