4//SEC Filing
CRANNA REBECCA 4
Accession 0001599947-17-000142
CIK 0001599947other
Filed
Oct 17, 8:00 PM ET
Accepted
Oct 18, 7:29 PM ET
Size
14.6 KB
Accession
0001599947-17-000142
Insider Transaction Report
Form 4
CRANNA REBECCA
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2017-10-16+24,893→ 77,090 total - Exercise/Conversion
Restricted Stock Units (Class A common stock)
2017-10-16$9.52/sh−14,849$141,362→ 24,893 total→ Class A Common Stock (14,849 underlying) - Exercise/Conversion
Restricted Stock Units (Class A common stock)
2017-10-16−24,893→ 0 total→ Class A Common Stock (24,893 underlying) - Disposition to Issuer
Restricted Stock Units (Class A common stock)
2017-10-01−226→ 39,742 total→ Class A Common Stock (226 underlying) - Disposition from Tender
Class A Common Stock
2017-10-16$9.52/sh−31,136$296,415→ 52,197 total - Tax Payment
Class A Common Stock
2017-10-16$9.62/sh−11,874$114,228→ 65,216 total
Footnotes (3)
- [F1]These shares were delivered to the Company to pay for the applicable withholding tax due upon vesting certain restricted stock units.
- [F2]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.
- [F3]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, 14,849 shares of Class A common stock underlying vested RSUs were converted into the right to receive $9.52 per share in cash and 24,893 shares of Class A common stock underlying vested RSUs remained outstanding.
Documents
Issuer
TerraForm Power, Inc.
CIK 0001599947
Entity typeother
Related Parties
1- filerCIK 0001659703
Filing Metadata
- Form type
- 4
- Filed
- Oct 17, 8:00 PM ET
- Accepted
- Oct 18, 7:29 PM ET
- Size
- 14.6 KB