4//SEC Filing
MOORE JAMES J JR 4
Accession 0001179110-21-005602
CIK 0001419242other
Filed
May 18, 8:00 PM ET
Accepted
May 19, 8:24 PM ET
Size
10.7 KB
Accession
0001179110-21-005602
Insider Transaction Report
Form 4
MOORE JAMES J JR
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Notional shares
2021-05-14$3.03/sh−209,020$633,331→ 0 total→ Common shares (209,020 underlying) - Disposition to Issuer
Transition notional shares
2021-05-14$3.03/sh−269,952$817,955→ 0 total→ Common shares (269,952 underlying) - Other
Common shares
2021-05-14$3.03/sh−1,316,034$3,987,583→ 0 total
Footnotes (5)
- [F1]Pursuant to the terms of the Arrangement Agreement dated January 14, 2021 (the "Agreement") by and among Atlantic Power Corporation (the "Company"), Atlantic Power Preferred Equity Ltd. ("APPEL"), Atlantic Power Limited Partnership, Tidal Power Holdings Limited and Tidal Power Aggregator, LP (together with Tidal Power Holdings Limited, the "Purchasers"), the Purchasers purchased each share of Company common stock, no par value (each, a "Common Share") at a price per share of US$3.03, net to the seller in cash, without interest thereon and less any required withholding taxes.
- [F2]Represents previously reported awards of notional shares ("Notional Shares") granted under the Company's Long-Term Incentive Plans, which provide forsettlement of such Notional Shares upon vesting, which occurs ratably over a three year period or upon certain other events. Each Notional Share is equal to theeconomic equivalent of one Common Share.
- [F3]Pursuant to the terms of the Agreement, all outstanding awards of Notional Shares will vest in full and be cancelled and each person holding such Notional Shareswill be entitled to receive a cash payment from the Company equal to US$3.03 for each Common Share subject to his or her Notional Share awards, withoutinterest and less any applicable withholding taxes.
- [F4]Represents a previously reported award of transition notional shares ("Transition Units") granted to Mr. Moore in connection with the commencement of his employment in 2015, which provides for settlement of such Transition Units upon vesting, which occurs upon the satisfaction of a performance condition or upon certain other events. Each Transition Unit is equal to the economic equivalent of one Common Share.
- [F5]Pursuant to the terms of the Agreement, all outstanding Transition Units will vest in full and be cancelled and Mr. Moore will be entitled to receive a cash payment from the Company equal to US$3.03 for each Common Share subject to his Transition Units, without interest and less any applicable withholding taxes.
Documents
Issuer
ATLANTIC POWER CORP
CIK 0001419242
Entity typeother
IncorporatedVT
Related Parties
1- filerCIK 0001136877
Filing Metadata
- Form type
- 4
- Filed
- May 18, 8:00 PM ET
- Accepted
- May 19, 8:24 PM ET
- Size
- 10.7 KB