SEC Form 4 · accession 0000945436-15-000266
SUNEDISON, INC. · SUNEQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Cerrone
Officer — Chief Human Resources Officer
Period of report
Oct 1, 2015
Accepted (ET)
Oct 5, 2015 · 6:42 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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | Oct 1, 2015 | A | 50,000 | $7.20 | A | 50,000 | D | |
| Common Stock | holding | — | — | — | 80,000 | I | Held in the Cerrone 2012 Dynasty Trust Dtd. 12/1/2012 |
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)F2 | $7.20 | Oct 1, 2015 | A | 150,000 | A | Oct 1, 2016 | Oct 1, 2025 | Common Stock | 150,000 | 150,000 | D |
Explanation of responses
- F1Restricted Stock Units (RSUs) awarded on October 1, 2015 under the SunEdison 2015 Long Term Incentive Plan. The RSUs will vest 50% on the third anniversary of the grant date and 50% on the fourth anniversary of the grant date.
- F2Non-Qualified Stock Options (Options) were granted under the SunEdison, Inc. 2015 Long Term Incentive Plan. The Options will vest in four equal installments beginning on the first anniversary of the grant date.