SEC Form 4 · accession 0001620702-17-000103
TERRAFORM GLOBAL, INC. · GLBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rebecca Cranna
Officer — Chief Financial Officer
Period of report
Oct 16, 2017
Accepted (ET)
Oct 18, 2017 · 9:00 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 Stock | Oct 16, 2017 | M | 52,347 | $0.00 | A | 146,771 | D | |
| Class A Common StockF1 | Oct 16, 2017 | F | 24,971 | $4.90 | D | 121,800 | 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)F2 | — | Oct 16, 2017 | M | 52,347 | D | — | — | Class A Common Stock | 52,347 | 0 | D |
Explanation of responses
- F1These shares were delivered to the Company to pay for the applicable withholding tax due upon vesting of restricted stock units.
- F2This number of shares represents the vesting of restricted stock units under the Company's 2014 Second Amended and Restated Long-Term Incentive Plan in connection with the closing of the merger and other transactions set forth in the Merger and Sponsorship Transaction Agreement, dated as of March 6, 2017, by and among TerraForm Power, Inc., Orion US Holdings 1 L.P. and BRE TERP Holdings Inc. pursuant to the terms of a letter agreement dated December 20, 2016 between the reporting person and the Company.