SEC Form 4 · accession 0000945436-16-000352
SUNEDISON, INC. · SUNEQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ilan Daskal
Officer — EVP & CFO Designee
Period of report
Apr 8, 2016
Accepted (ET)
Apr 11, 2016 · 5:04 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 | Apr 8, 2016 | A | 400,000 | $0.36 | A | 400,000 | 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)F2 | $0.36 | holding | — | — | — | — | Apr 8, 2026 | Common Stock | 250,000 | 250,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of SunEdison common stock. The restricted stock units were awarded on April 8, 2016 under the 2015 SunEdison Incentive Plan in a transaction exempt under Rule 16b-3 and become exercisable in 25% increments on April 8, 2017, April 8, 2018, April 8, 2019 and April 8, 2020.
- F2The option to purchase 250,000 shares of common stock was awarded on April 8, 2016 under the 2015 SunEdison Incentive Plan in a transaction exempt under Rule 16b-3 and become exercisable at an exercise price of $.36 in 25% increments on April 8, 2017, April 8, 2018, April 8, 2019 and April 8, 2020.