4//SEC Filing
CONCANNON WILLIAM F 4
Accession 0000899243-22-015183
CIK 0001828723other
Filed
Apr 19, 8:00 PM ET
Accepted
Apr 20, 6:00 PM ET
Size
9.4 KB
Accession
0000899243-22-015183
Insider Transaction Report
Form 4
CONCANNON WILLIAM F
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2022-03-31+20→ 100,020 total(indirect: By LLC) - Exercise/Conversion
Class B Common Stock
2022-03-31−2,012.5→ 12,075 total(indirect: By LLC)→ Class A Common Stock (20 underlying)
Holdings
- 20,500
Class A Common Stock
Footnotes (2)
- [F1]Pursuant to the terms of the Class B common stock of the Issuer (the "Class B Common Stock"), of which an aggregate of 1,207,500 shares are currently outstanding, on the last day of each measurement period, which will occur annually over seven fiscal years following the completion of the business combination of CBRE Acquisition Holdings, Inc. with Altus Power, Inc., which occurred on December 9, 2021, an aggregate of 201,250 shares of Class B Common Stock will automatically convert, subject to adjustment, into shares of Class A Common Stock of the Issuer (the "Class A Common Stock"), pursuant to a formula based on the stock price of the Class A Common Stock, into an aggregate minimum of 2,013 shares of Class A Common Stock on each conversion date, up to an aggregate maximum of 14,596,637 shares of Class A Common Stock over such seven year period.
- [F2]On the last day of the measurement period ending on March 31, 2022 and pursuant to the formula referenced above, an aggregate of 201,250 shares of Class B Common Stock automatically converted into an aggregate of 2,013 shares of Class A Common Stock. Such conversion of Class B Common Stock applies to each holder of Class B Common Stock on a pro rata basis on the basis of the amounts of such Class B Common Stock held by such holder. In connection with the above, 2,012.5 shares of Class B Common Stock beneficially owned by the Reporting Person were converted into 20 shares of Class A Common Stock.
Documents
Issuer
Altus Power, Inc.
CIK 0001828723
Entity typeother
Related Parties
1- filerCIK 0001190864
Filing Metadata
- Form type
- 4
- Filed
- Apr 19, 8:00 PM ET
- Accepted
- Apr 20, 6:00 PM ET
- Size
- 9.4 KB