SEC Form 4 · accession 0000899243-15-002364
TERRAFORM GLOBAL, INC. · GLBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Vincent Tesoriere
Director
Period of report
Aug 5, 2015
Accepted (ET)
Aug 5, 2015 · 1:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001620702
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2,F4 | Aug 5, 2015 | J | 1,851,851 | $13.50 | A | 1,851,851 | I | See Footnote |
| Class A Common StockF1,F3,F4 | Aug 5, 2015 | J | 3,703,703 | $13.50 | A | 5,555,554 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares of the Issuer's Class A Common Stock ("Shares") were acquired on August 5, 2015 in exchange for Class D units of TerraForm Global, LLC ("Class D Units"). Each Class D Unit converted into a number of Shares equal to the quotient of (i) the aggregate original cash purchase price of such Class D Units and (ii) 90% of the initial per share public offering price of the Shares.
- F2These Shares are held by Altai Capital Terrapin, L.P. ("Terrapin"). Altai Capital Group, LLC ("ACG") serves as the general partner of Terrapin. Altai Capital Management, L.P. (the "Investment Manager") serves as investment manager to Terrapin. Altai Capital Management, LLC ("IMGP") serves as the general partner of Investment Manager. Mr. Tesoriere serves as managing principal of Investment Manager and is a member of both ACG and IMGP.
- F3Altai Capital SLP LLC ("SLP") may be deemed to have a pecuniary interest in certain of these Shares, which are held by a third-party investment vehicle. Mr. Tesoriere is a managing member of SLP.
- F4Mr. Tesoriere disclaims beneficial ownership of these Shares except to the extent of his pecuniary interest therein, and the inclusion of these Shares in this report shall not be deemed an admission of beneficial ownership of all of the reported Shares for purposes of Section 16 or any other purpose.