4//SEC Filing
COMPTON CHRISTOPHER 4
Accession 0001620702-17-000077
CIK 0001620702other
Filed
Aug 7, 8:00 PM ET
Accepted
Aug 8, 6:58 PM ET
Size
6.9 KB
Accession
0001620702-17-000077
Insider Transaction Report
Form 4
COMPTON CHRISTOPHER
Director
Transactions
- Award
Restricted Stock Units (Class A common stock)
2017-08-04+30,000→ 89,100 total→ Class A Common Stock (30,000 underlying)
Footnotes (3)
- [F1]On August 4, 2017, 30,000 restricted stock units were awarded under the 2014 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 Global, Inc. Class A Common Stock.
- [F2]The 30,000 restricted stock units will vest in full on June 29, 2018. In the event that prior to June 29, 2018: (i) the Participant resigns with the consent of the Board, (ii) the Participant is removed from the Board without cause (as determined by the Board in its discretion) or (iii) a Change in Control occurs due to a merger of the Company pursuant to the Agreement and Plan of Merger dated as of March 6, 2017 among TerraForm Global, Inc., Orion US Holdings 1 L.P. and BRE GLBL Holdings Inc. (the "Brookfield Merger Agreement") a portion of the restricted stock units equal to Prorated Vesting Percentage (as defined below) shall become fully vested.
- [F3]The "Prorated Vesting Percentage" means the percentage calculated by dividing (i) the number of days between May 25, 2017 and, as applicable, (x) the date the Participant resigns with the consent of the Board, (y) the date the Participant is removed from the Board without cause (as determined by the Board in its discretion) or (z) the date of the Effective Time (as defined in the Brookfield Merger Agreement), by (ii) 365; provided, that the Prorated Vesting Percentage shall not exceed 100%.
Documents
Issuer
TERRAFORM GLOBAL, INC.
CIK 0001620702
Entity typeother
Related Parties
1- filerCIK 0001659731
Filing Metadata
- Form type
- 4
- Filed
- Aug 7, 8:00 PM ET
- Accepted
- Aug 8, 6:58 PM ET
- Size
- 6.9 KB