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
  1. 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.
  2. 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.
  3. Represents shares of Class A Common Stock received pursuant to a settlement agreement with the issuer and its affiliates.
  4. 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.
  5. 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.
  6. 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.