SEC Form 4/A · accession 0000945436-15-000079
SUNEDISON, INC. · SUNEQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
David A Ranhoff
Officer — SVP; President Solar Materials
Period of report
Aug 15, 2014
Accepted (ET)
Mar 18, 2015 · 5:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000945436
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1,F2 | Aug 15, 2014 | M | 28,333 | $1.76 | A | 148,635 | D | |
| Employee Stock Option (Right to Buy)F1 | Aug 15, 2014 | F | 13,591 | $1.76 | D | 135,044 | D | |
| Employee Stock Option (Right to Buy)F1 | Aug 15, 2014 | S | 14,742 | $1.76 | D | 120,302 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3,F4 | $1.76 | Aug 15, 2014 | M | 28,333 | D | — | Jul 24, 2022 | Common Stock | 28,333 | 131,667 | D |
Explanation of responses
- F1Non-qualified Stock Options exercised were done during an open trading period
- F2The amounts in Column 5 in the original report were inadvertently overstated by 29,698 shares.
- F3The option to purchase 160,000 shares of common stock was awarded on July 24, 2012 under the MEMC 2010 Equity Incentive Plan in a transaction exempt under Rule 16b-3. The option is a performance based option that will vest, if at all, in 33% increments if MEMC's stock achieves certain target market prices.
- F4The option expires on the tenth anniversary of the grant date, provided that if the target market prices are not achieved by the fifth anniversary of the grant date, the option will be cancelled.