SEC Form 4/A · accession 0001599947-17-000061
TerraForm Power, Inc. · TERP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Dec 23, 2016 | M | 1,500 | $12.92 | A | 142,401 | D | |
| Class A Common StockF2 | Dec 23, 2016 | F | 542 | $12.92 | D | 141,859 | D |
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 | — | Dec 23, 2016 | M | 1,500 | D | — | — | Class A Common Stock | 1,500 | 10,680 | D |
Explanation of responses
- F1This number of shares represents the vesting of restricted stock units awarded on December 23, 2015 under the Company's 2014 Second Amended and Restated Long-Term Incentive Plan.
- F2These shares were delivered to the Company to pay for the applicable withholding tax due upon vesting of restricted stock units.
Remarks
The Form 4 filed on December 27, 2016 contained a clerical error with respect to the number of shares of Class A common stock beneficially owned following the disposition of the 542 shares of Class A common stock that were delivered to the Company to pay for the applicable withholding tax due upon vesting of restricted stock units. This Form 4/A is being filed to correct the number of shares of Class A common stock beneficially owned following such disposition from 142,359 to 141,859. No other change is made to the original Form 4. The number of Restricted Stock Units listed in Table II reflects beneficial ownership as of the time of the reported transaction and has subsequently changed as reported on Form 4 dated April 13, 2017.