SEC Form 4 · accession 0001599947-15-000085
TerraForm Power, Inc. · TERP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Blackmore
Director
Period of report
Dec 17, 2015
Accepted (ET)
Dec 21, 2015 · 4:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001599947
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (Class A common stock)F1,F2 | — | Dec 17, 2015 | A | 8,400 | A | — | — | Class A Common Stock | 8,400 | 8,400 | D |
Explanation of responses
- F1On December 17, 2015, 8,400 restricted stock units were awarded under the 2014 Second Amended and Restated Long-Term Incentive Plan in a transaction exempt under rule 16b-3. Each restricted stock unit represents a contingent right to receive one share of TerraForm Power, Inc. Class A Common Stock.
- F2The 8,400 restricted stock units vest on November 20, 2016. Vested shares will be delivered to the reporting person as outlined in the Restricted Stock Unit Agreement.