Shugart Christopher M. 4
4 · Pattern Energy Group Inc. · Filed Mar 2, 2020
Insider Transaction Report
Form 4
Shugart Christopher M.
Senior VP, Operations
Transactions
- Tax Payment
Class A Common Stock
2020-02-27$27.66/sh−1,387$38,364→ 70,771 total - Disposition to Issuer
Class A Common Stock
2020-02-27−1,501→ 72,158 total
Footnotes (2)
- [F1]Represents shares forfeited from performance based shares granted on March 15, 2017 (the "2017 TSR Award") that were eligible to vest based on certain financial performance objectives. Upon grant, the maximum vesting amount was reported in Table 1 of Form 4 filed March 17, 2017. On February 26, 2020, the Company determined that based on the Company's performance over the applicable performance period, 4,274 shares would vest and 1,501 shares would be forfeited.
- [F2]Represents shares withheld for satisfaction of tax withholding obligation arising as a result of the vesting of the 2017 TSR Award. See footnote 1.