Northern Power Systems Corp. 4
4 · Northern Power Systems Corp. · Filed Aug 26, 2015
Insider Transaction Report
Form 4
Lentz Robert L
Director
Transactions
- Award
Common Shares
2015-08-25+15,000→ 15,000 total - Award
Common Shares
2015-08-25$0.44/sh+63,537$27,956→ 63,537 total
Holdings
- 11,000(indirect: By Trust)
Common Shares
Footnotes (2)
- [F1]Annual grant of restricted common shares under Northern Power Systems Corp. 2014 Stock Option and Incentive Plan. 75% of the shares will vest on September 30, 2015, and the remaining 25% of the shares will vest on December 31, 2015.
- [F2]Grant of restricted common shares under Northern Power Systems Corp. 2014 Stock Option and Incentive Plan in lieu of cash payment for retainer fees. 31,769 of the shares vested immediately upon the date of the grant. The remaining 31,768 shares will vest in two equal installments, on September 30, 2015, and December 31, 2015, respectively.