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SEC Filings

10-K
TERRAFORM GLOBAL, INC. filed this Form 10-K on 12/21/2016
Entire Document
 

compensate its employees specifically for such services. As a result, the compensation contained in the below compensation tables may reflect compensation received by each named executive officer for services provided to the Company and to other affiliates of SunEdison.
Summary Compensation Table
The following table presents summary information concerning 2015 compensation awarded or paid to, or earned by: (i) each individual that served as the Company’s Chief Executive Officer during 2015; (ii) each individual that served as the Company’s Chief Financial Officer during 2015; and (iii) each of the other three most highly compensated executive officers for 2015 that were serving as executive officers as of December 31, 2015 (collectively, such persons were the “named executive officers” for the Company for 2015):
Name and Principal Positions as of 12/31/2015
Year
Salary(1) ($)
Bonus ($)
Stock Awards(2) ($)
Option Awards ($)
Non-Equity Incentive Plan Compensation ($)
Change in Pension Value and Nonqualified Deferred ($)
All Other Compensation(3) ($)
Total ($)
Wuebbels, Brian A. (4)(5)
2015
488,250


3,440,373




35,000

3,963,623

President and Chief Executive Officer
 
 
 
 
 
 
 
 
 
Cranna, Rebecca (5)
2015
328,563


1,296,119




15,484

1,640,166

Executive Vice President and Chief Financial Officer
 
 
 
 
 
 
 
 
 
Guerrero Arias, Ismael
2015
253,191(9)


977,076




69,080

1,299,347

President, Head of Origination
 
 
 
 
 
 
 
 
 
Kravtsova, Yana
2015
265,385


746,025




15,485

1,026,895

Senior Vice President, General Counsel and Secretary
 
 
 
 
 
 
 
 
 
Domenech Zornoza, Carlos (5)(6)
2015
553,659


166,759




23,779

744,197

Former President and Chief Executive Officer
 
 
 
 
 
 
 
 
 
Hernandez, Alejandro (5)(7)
2015
455,254


798,423




1,146,425(10)

2,400,102

Former Executive Vice President and Chief Financial Officer
 
 
 
 
 
 
 
 
 
Avenier, Jeremy (8)
2015
401,593


272,110




23,669

697,372

Former Chief Financial Officer
 
 
 
 
 
 
 
 
 
O'Rourke, Stephen C.
2015
277,154






11,333

288,487

Former Chief Executive Officer
 
 
 
 
 
 
 
 
 
1.
Amounts shown include cash compensation earned and received, as well as cash compensation earned but deferred at the election of the executive officer under the SunEdison Retirement Savings Plan.
2.
All stock awards reflected in the table are Restricted Stock Units or Restricted Stock Awards under the SunEdison's 2010 Amended and Restated Equity Incentive Plan or 2015 Long-Term Incentive Plan or the TerraForm Power, Inc. 2014 Second Amended & Restated Long-Term Incentive Plan or the TerraForm Global, Inc. 2014 Long-Term Incentive Plan. The dollar amounts shown for stock awards represent the aggregate grant date fair value with respect to fiscal 2015 in accordance with the applicable Accounting Standard Codification 718, Stock Compensation, excluding the effect of forfeitures related to service-based conditions. These amounts do not reflect whether the named executive officers have actually realized or will realize a financial benefit from the awards. For information on the assumptions used to calculate the value of the awards, refer to Note 14 to consolidated financial statements in this annual report on Form 10-K.
3.
Amount shown is contribution by SunEdison to the SunEdison Retirement Savings Plan.
4.
Mr. Wuebbels resigned as President and Chief Executive Officer and Director of the Company on March 30, 2016.
5.
These individuals split their time evenly between the Company and TerraForm Power, Inc. The cash compensation received by each of these individuals reflects the total cash compensation received for services provided to the Company and to TerraForm Power, Inc.
6.
Mr. Domenech Zornoza was removed as President and Chief Executive Officer and Director of the Company effective November 20, 2015.
7.
Mr. Hernandez was removed as Executive Vice President and Chief Financial Officer of the Company effective November 20, 2015.
8.
Mr. Avenier resigned as Chief Financial Officer of the Company effective October 9, 2015.


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