Northern Power Systems Corp. 4
4 · Northern Power Systems Corp. · Filed Aug 25, 2015
Insider Transaction Report
Form 4
SIMON JOHN
Director
Transactions
- Award
Common Shares
2015-08-25$0.44/sh+81,691$35,944→ 81,691 total - Purchase
Common Shares
2015-08-21$0.44/sh+972,000$429,721→ 1,219,300 total - Award
Common Shares
2015-08-25+15,000→ 15,000 total
Holdings
- 1,139,533(indirect: By LLC)
Common Shares
Footnotes (3)
- [F1]Annual grant of restricted common shares under Northern Power Systems Corp. 2014 Stock Option and Incentive Plan. 75% of the shares will vest on September 30, 2015, and the remaining 25% of the shares will vest on December 31, 2015.
- [F2]Grant of restricted common shares under Northern Power Systems Corp. 2014 Stock Option and Incentive Plan in lieu of cash payment for retainer fees. 40,846 of the shares vested immediately upon the date of the grant. The remaining 40,845 shares will vest in two equal installments, on September 30, 2015, and December 31, 2015, respectively.
- [F3]Mr. Simon is an employee of Allen & Company LLC, and does not hold voting or dispositive power over the 4,399,376 common shares held by Allen & Company LLC, but has a beneficial interest in 1,139,533 common shares held by Allen & Company LLC for the account of Mr. Simon.