0001179110-21-005602.txt : 20210519
0001179110-21-005602.hdr.sgml : 20210519
20210519202408
ACCESSION NUMBER: 0001179110-21-005602
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210514
FILED AS OF DATE: 20210519
DATE AS OF CHANGE: 20210519
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MOORE JAMES J JR
CENTRAL INDEX KEY: 0001136877
STATE OF INCORPORATION: VT
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34691
FILM NUMBER: 21942048
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ATLANTIC POWER CORP
CENTRAL INDEX KEY: 0001419242
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC, GAS & SANITARY SERVICES [4900]
IRS NUMBER: 550886410
STATE OF INCORPORATION: A1
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3 ALLIED DRIVE
STREET 2: SUITE 155
CITY: DEDHAM
STATE: MA
ZIP: 02026
BUSINESS PHONE: 617-977-2400
MAIL ADDRESS:
STREET 1: 3 ALLIED DRIVE
STREET 2: SUITE 155
CITY: DEDHAM
STATE: MA
ZIP: 02026
4
1
edgar.xml
FORM 4 -
X0306
4
2021-05-14
0
0001419242
ATLANTIC POWER CORP
AT
0001136877
MOORE JAMES J JR
C/O ATLANTIC POWER CORPORATION
3 ALLIED DRIVE, SUITE 155
DEDHAM
MA
02026
1
1
0
0
Chief Executive Officer
Common shares
2021-05-14
4
J
0
1316034
3.03
D
0
D
Notional shares
2021-05-14
4
D
0
209020
3.03
D
Common shares
209020
0
D
Transition notional shares
2021-05-14
4
D
0
269952
3.03
D
Common shares
269952
0
D
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.
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.
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.
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.
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.
/s/ John S. Miele, attorney-in-fact
2021-05-19