SEC Form 4/A · accession 0001179110-16-017005
ATLANTIC POWER CORP · AT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
John Alexander McNeil
Director
Period of report
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 1:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001419242
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5.60% Convertible Debentures due June 30, 2017F9,F3,F4,F1,F2 | $13.08 | Dec 31, 2015 | P | — | A | Dec 31, 2015 | Jun 30, 2017 | Common shares | 5,524 | — | D |
| 6.00% Convertible Debentures due December 31, 2019F7,F8,F10,F5,F6 | $10.48 | Dec 31, 2015 | P | — | A | Dec 31, 2015 | Dec 31, 2019 | Common shares | 3,448 | — | D |
Explanation of responses
- F1The 5.60% Convertible Debentures due June 30, 2017 are convertible into approximately 55.2486 common shares per Cdn$1,000 principal amount, at any time, at the option of the holder representing a conversion price of Cdn$18.10 per common share. The conversion price of Cdn$18.10 was converted to the U.S. dollar equivalent of $13.08 using the December 31, 2015 end of day exchange rate of .7225.
- F10The Form 4 filed for Mr. McNeil on January 4, 2016 incorrectly disclosed The Number of Derivative Securities Beneficially Owned Following Reported Transaction in Column 9 of Table II in units of securities as opposed to U.S. Dollars. This amended Form 4 corrects that error and appropriately disclosed the total in U.S. Dollars, which total includes 6.00% Convertible Debentures due December 31, 2019 previously acquired by Mr. McNeil.
- F2The 5.60% Convertible Debentures due June 30, 2017 are convertible into approximately 55.2486 common shares per Cdn$1,000 principal amount, at any time, at the option of the holder representing a conversion price of Cdn$18.10 per common share. The Cdn$100,000 of convertible debentures converts to 5,524 common shares using the December 31, 2015 end of day exchange rate of .7225.
- F3The Cdn$100,000 principal of 5.60% Convertible Debentures due June 30, 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.
- F4The Cdn$100,000 principal of 5.60% Convertible Debentures due June 30, 2017 were converted to a U.S. dollar equivalent of $72,250 using the December 31, 2015 end of day exchange rate of .7225.
- F5The 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.
- F6The 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.
- F7The 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.
- F8The 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.
- F9The Form 4 filed for Mr. McNeil on January 4, 2016 incorrectly identified the instrument purchased as 6.25% Convertible Debentures due March 15, 2017. The correct title of the derivative security in Column 1 of Table II should have been 5.60% Convertible Debenture due June 30, 2017. All pertinent information has been corrected based on the investment actually purchased. The Number of Derivative Securities Beneficially Owned Following Reported Transaction in Column 9 of Table II has also been corrected to $72,250 from $151,725.