Filing Details

Accession Number:
0001605997-15-000005
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-08-25 18:22:28
Reporting Period:
2015-08-21
Filing Date:
2015-08-25
Accepted Time:
2015-08-25 18:22:28
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1605997 Northern Power Systems Corp. NPS Engines & Turbines (3510) 826503088
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1048638 John Simon 711 Fifth Ave
New York NY 10022
Yes 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
Common Shares Acquisiton 2015-08-21 972,000 $0.44 1,219,300 No 4 P Direct
Common Shares Acquisiton 2015-08-25 15,000 $0.00 15,000 No 4 A Direct
Common Shares Acquisiton 2015-08-25 81,691 $0.44 81,691 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 A Direct
No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Shares 1,139,533 Indirect By Allen & Company LLC
Footnotes
  1. 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.
  2. 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.
  3. 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.