SEC Form 4 · accession 0001179110-16-016867
ATLANTIC POWER CORP · AT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
John Alexander McNeil
Director
Period of report
Dec 31, 2015
Accepted (ET)
Jan 4, 2016 · 1:48 pm EST
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 | Dec 31, 2015 | P | 1,000 | $1.99 | A | 56,500 | 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, 2019F4,F6,F5,F2,F3 | $10.48 | Dec 31, 2015 | P | — | A | Dec 31, 2015 | Dec 31, 2019 | Common shares | 3,448 | 72,250 | D |
| 6.25% Convertible Debentures due March 15, 2017F9,F11,F10,F7,F8 | $9.39 | Dec 31, 2015 | P | — | A | Dec 31, 2015 | Mar 15, 2017 | Common shares | 7,692 | 151,725 | D |
| Deferred share unitsF12 | — | Dec 31, 2015 | A | 8,872 | A | — | — | Common shares | 8,872 | 34,645 | D |
Explanation of responses
- F1The common shares were acquired at a price of Cdn$2.74 which was converted to the U.S. dollar equivalent of $1.99 using the December 31, 2015 end of day exchange rate of .7225.
- F10The Cdn$210,000 principal of 6.25% Convertible Debentures due March 15, 2017 were converted to a U.S. dollar equivalent of $151,725 using the December 31, 2015 end of day exchange rate of .7225.
- F11The Cdn$100,000 principal of 6.25% Convertible Debentures due March 15, 2017 were converted to a U.S. dollar equivalent of $72,250 using the December 31, 2015 end of day exchange rate of .7225.
- F12Dividend equivalent rights accrued on the deferred share units granted under the Company's Deferred Share Unit Plan, which provides for the payment of all accrued deferred share units and dividend equivalent rights to the reporting person following his or her termination as a director. Each deferred share unit and each dividend equivalent right is equal to the economic equivalent of one common share.
- 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 $10.48 using the December 31, 2015 end of day exchange rate of .7225.
- F3The 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 December 31, 2015 end of day exchange rate of .7225.
- F4The Cdn$50,000 principal of 6.00% Convertible Debentures due December 31, 2019 were purchased at a price of Cdn$77.50. This was converted to a U.S. dollar equivalent of $55.99 using the December 31, 2015 end of day exchange rate of .7225.
- F5The Cdn$100,000 principal of 6.00% Convertible Debentures due December 31, 2019 were converted to a U.S. dollar equivalent of $72,250 using the December 31, 2015 end of day exchange rate of .7225.
- F6The Cdn$50,000 principal of 6.00% Convertible Debentures due December 31, 2019 were converted to a U.S. dollar equivalent of $36,125 using the December 31, 2015 end of day exchange rate of .7225.
- F7The 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 conversion price of Cdn$13.00 was converted to the U.S. dollar equivalent of $9.39 using the December 31, 2015 end of day exchange rate of .7225.
- 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$100,000 of convertible debentures converts to 7,692 common shares using the December 31, 2015 end of day exchange rate of .7225.
- F9The Cdn$100,000 principal of 6.25% Convertible Debentures due March 15, 2017 were purchased at a price of Cdn$89.00. This was converted to a U.S. dollar equivalent of $64.30 using the December 31, 2015 end of day exchange rate of .7225.