SEC Form 4 · accession 0001605997-15-000010
Northern Power Systems Corp. · NPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexander Ellis III
Director · 10% Owner
Period of report
Aug 25, 2015
Accepted (ET)
Aug 26, 2015 · 12:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001605997
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Aug 25, 2015 | A | 15,000 | $0.00 | A | 15,000 | D | |
| Common SharesF2 | holding | — | — | — | 4,892,665 | I | By RockPort Capital Partners III, LP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Annual grant of restricted common shares under Northern Power Systems Corp. 2014 Stock Option and Incentive Plan. 75% of the shares will vest on September 30, 2015, and the remaining 25% of the shares will vest on December 31, 2015.
- F2Shares are held directly by RockPort Capital Partners III, L.P. Mr. Ellis is a General Partner of RockPort Capital Partners III, L.P., and therefore may be deemed to hold voting and dispositive power over the shares held by RockPort Capital Partners III, L.P. Mr. Ellis disclaims beneficial ownership of the shares held by RockPort Capital Partners III, L.P.