SEC Form 4 · accession 0001179110-15-009514
ATLANTIC POWER CORP · AT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Alexander McNeil
Director
Period of report
Jun 9, 2015
Accepted (ET)
Jun 10, 2015 · 4:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001419242
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common sharesF1 | Jun 9, 2015 | P | 20,000 | $2.81 | A | 55,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 6.00% Convertible Debentures due December 31, 2019F5,F3,F2,F4 | $11.70 | Jun 9, 2015 | P | — | A | Jun 9, 2015 | Dec 31, 2019 | Common shares | 3,448 | — | D |
| 6.25% Convertible Debentures due March 15, 2017F10,F7,F9,F6,F8 | $10.49 | Jun 9, 2015 | P | — | A | Jun 9, 2015 | Mar 15, 2017 | Common shares | 4,615 | — | D |
Explanation of responses
- F1The common shares were acquired at a price of Cdn$3.48 which was converted to the U.S. dollar equivalent of $2.81 using the June 8, 2015 end of day exchange rate of .8066.
- F10The Cdn$60,000 principal of 6.25% Convertible Debentures due March 15, 2017 were purchased at a price of Cdn$94.00. This was converted to a U.S. dollar equivalent of $75.82 using the June 8, 2015 end of day exchange rate of .8066.
- F2The 6.00% Convertible Debentures due December 31, 2019 are convertible into approximately 68.9655 common shares per Cdn$1,000 principal amount, at any time, at the option of the holder representing a conversion price of Cdn$14.50 per common share. The conversion price of Cdn$14.50 was converted to the U.S. dollar equivalent of $11.70 using the June 8, 2015 end of day exchange rate of .8066.
- F3The Cdn$50,000 principal of 6.00% Convertible Debentures due December 31, 2019 were converted to a U.S. dollar equivalent of $40,330 using the June 8, 2015 end of day exchange rate of .8066.
- F4The 6.00% Convertible Debentures due December 31, 2019 are convertible into approximately 68.9655 common shares per Cdn$1,000 principal amount, at any time, at the option of the holder representing a conversion price of Cdn$14.50 per common share. The Cdn$50,000 of convertible debentures converts to 3,448 common shares using the June 8, 2015 end of day exchange rate of .8066.
- F5The Cdn$50,000 principal of 6.00% Convertible Debentures due December 31, 2019 were purchased at a price of Cdn$84.55. This was converted to a U.S. dollar equivalent of $68.20 using the June 8, 2015 end of day exchange rate of .8066.
- F6The 6.25% Convertible Debentures due March 15, 2017 are convertible into approximately 76.9231common shares per Cdn$1,000 principal amount, at any time, at the option of the holder representing a conversion price of Cdn$13.00 per common share. The conversion price of Cdn$13.00 was converted to the U.S. dollar equivalent of $10.49 using the June 8, 2015 end of day exchange rate of .8066.
- F7The Cdn$60,000 principal of 6.25% Convertible Debentures due March 15, 2017 were converted to a U.S. dollar equivalent of $48,396 using the June 8, 2015 end of day exchange rate of .8066.
- F8The 6.25% Convertible Debentures due March 15, 2017 are convertible into approximately 76.9231 common shares per Cdn$1,000 principal amount, at any time, at the option of the holder representing a conversion price of Cdn$13.00 per common share. The Cdn$60,000 of convertible debentures converts to 4,615 common shares using the June 8, 2015 end of day exchange rate of .8066.
- F9The cumulative Cdn$110,000 principal of 6.25% Convertible Debentures due March 15, 2017 owned were converted to a U.S. dollar equivalent of $88,726 using the June 8, 2015 end of day exchange rate of .8066.