SEC Form 4 · accession 0001244937-17-000091
ENERNOC INC · ENOC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William G Sorenson
Officer — CFO and Treasurer
Period of report
Aug 7, 2017
Accepted (ET)
Aug 7, 2017 · 4:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001244937
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 7, 2017 | D | 265,000 | $7.67 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the terms of the Agreement and Plan of Merger Agreement, dated June 21, 2017, among the Issuer, Enel Green Power North American, Inc. ("Parent"), and Pine Merger Sub, Inc., a wholly-owned subsidiary of Parent ("Purchaser") for the merger of Purchaser with and into the Issuer, with the Issuer continuing as the surviving corporation (the "Merger"), the vesting of restricted stock units ("RSUs") was accelerated in connection with the Merger and the RSUs became fully vested effective immediately prior to the effective time of the Merger. Each RSU was cancelled in the Merger and, in lieu of any issuance of shares in settlement of such RSU, converted into the right to receive a cash payment equal to $7.67 per share (without interest and less any applicable tax witholding).