4//SEC Filing
O'Neil Charles 4
Accession 0001561894-20-000144
CIK 0001561894other
Filed
Nov 24, 7:00 PM ET
Accepted
Nov 25, 4:14 PM ET
Size
7.6 KB
Accession
0001561894-20-000144
Insider Transaction Report
Form 4
O'Neil Charles
Director
Transactions
- Sale
Common stock, par value $0.01 per share
2020-11-24$53.98/sh−2,732$147,473→ 22,913 total
Holdings
- 7,236
LTIP Units
→ Common stock, par value $0.01 per share (7,236 underlying)
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.95 to $53.99, inclusive, on November 24, 2020. The reporting person undertakes to provide Hannon Armstrong Sustainable Infrastructure Capital, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F2]7,236 units of limited partner interest ("OP Units") in Hannon Armstrong Sustainable Infrastructure, LP (the "Partnership") are issuable upon vesting and the conversion of 7,236 long-term incentive plan units("LTIP Units") in the Partnership. Vested LTIP Units, after achieving parity with OP Units, are eligible to be converted into OP Units (as described in the Partnership's Amended and Restated Agreement of Limited Partnership (the "Partnership Agreement")) on a one-for-one basis upon the satisfaction of conditions set forth in the Partnership Agreement.
- [F3]Upon conversion of LTIP Units into OP Units, the Reporting Person will have the right to cause the Partnership to redeem a portion of the Reporting Person's OP Units for cash in an amount equal to themarket value (as defined in the Partnership Agreement) of an equivalent number of shares of common stock, par value $0.01 per share, of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (the "Issuer"),or at the Issuer's option, shares of the Issuer's common stock on a one-for-one basis, subject to certain adjustments.
- [F4]N/A
Documents
Issuer
Hannon Armstrong Sustainable Infrastructure Capital, Inc.
CIK 0001561894
Entity typeother
Related Parties
1- filerCIK 0001574207
Filing Metadata
- Form type
- 4
- Filed
- Nov 24, 7:00 PM ET
- Accepted
- Nov 25, 4:14 PM ET
- Size
- 7.6 KB