UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): December 29, 2020 (December 21, 2020)
ATLANTIC POWER CORPORATION
(Exact Name of Registrant as Specified in Charter)
| British Columbia, Canada | 001-34691 | 55-0886410 | ||
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
|
3 Allied Drive, Suite 155 Dedham, MA |
02026 | |
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant’s Telephone Number, Including Area Code (617) 977-2400
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol | Name of Exchange on which registered | ||
| Common Shares, no par value, and the associated Rights to Purchase Common Shares | AT | The New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
| Item 5.02 | Departures of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(b) Departure of Certain Officers
On December 21, 2020, Atlantic Power Corporation (the “Company”) and Jeffrey S. Levy, the Company’s Senior Vice President, General Counsel and Corporate Secretary, reached a mutual agreement regarding Mr. Levy’s resignation from his employment with the Company, with such resignation being effective as of 11:59 p.m. Eastern time on January 1, 2021. Mr. Levy will receive a lump sum cash payment of $247,500 in lieu of his 2020 annual bonus, which will be paid on or before January 8, 2021. Effective as of January 1, 2021, Mr. Levy shall forfeit all rights, title and interest with respect to unvested notional shares he was previously granted under the Company’s long-term incentive plans.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Atlantic Power Corporation | |||
| Dated: December 29, 2020 | By: | /s/ Terrence Ronan | |
| Name: | Terrence Ronan | ||
| Title: | Chief Financial Officer | ||