Filing Details
- Accession Number:
- 0001209191-17-060822
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-11-15 13:39:27
- Reporting Period:
- 2017-10-16
- Accepted Time:
- 2017-11-15 13:39:27
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1599947 | Terraform Power Inc. | TERP | Semiconductors & Related Devices (3674) | DE |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
945436 | Sunedison, Inc. | Two Cityplace Drive, Suite 200 St. Louis MO 63141 | No | No | Yes | No | |
1523224 | Sunedison Holdings Corp | Two Cityplace Drive, Suite 200 St. Louis MO 63141 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Acquisiton | 2017-10-16 | 48,202,310 | $0.00 | 48,202,310 | No | 4 | C | Indirect | See footnote |
Class A Common Stock | Acquisiton | 2017-10-16 | 6,492,504 | $11.46 | 54,694,814 | No | 4 | P | Direct | |
Class A Common Stock | Acquisiton | 2017-10-16 | 14,917 | $9.52 | 54,709,731 | No | 4 | P | Indirect | See footnote |
Class A Common Stock | Disposition | 2017-10-16 | 20,435,852 | $9.52 | 34,273,879 | No | 4 | S | Indirect | See footnote |
Class B Common Stock | Disposition | 2017-10-16 | 48,202,310 | $0.00 | 0 | No | 4 | J | Indirect | See footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | C | Indirect | See footnote |
No | 4 | P | Direct | |
No | 4 | P | Indirect | See footnote |
No | 4 | S | Indirect | See footnote |
No | 4 | J | Indirect | See footnote |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Class B Units of TerraForm Power, LLC | Disposition | 2017-10-16 | 48,202,310 | $0.00 | 48,202,310 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | No | 4 | S | Indirect |
Footnotes
- Represents shares of Class A Common Stock of TerraForm Power, Inc. issued upon exchange of Class B Common Stock of TerraForm Power, Inc. and Class B units of TerraForm Power, LLC.
- Represents shares directly owned by SunEdison Holdings Corporation and SUNE ML 1, LLC and indirectly owned by SunEdison, Inc., which as the parent of SunEdison Holdings Corporation and SUNE ML, LLC has shared voting and dispositive power over such shares.
- Represents shares of Class A Common Stock received pursuant to a settlement agreement with the issuer and its affiliates.
- Shares disposed include the pro rata portion of shares of Class A Common Stock directly owned by the filer, SunEdison Holdings Corporation and SUNE ML 1, LLC immediately prior to such disposition.
- In connection with 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., for each share of Class A common stock held by the filer, the filer was given the option to elect to receive either $9.52 per share or to retain a share of Class A common stock, subject to proration. On October 16, 2017, after taking into account the applicable proration, the reporting persons retained 34,273,879 shares of Class A common stock and 20,435,852 shares were converted into the right to receive cash consideration.
- The Class B Units of TerraForm Power, LLC were exchangeable, together with Class B Common Stock of TerraForm Power, Inc., for Class A Common Stock of TerraForm Power, Inc. on a 1 for 1 basis.