4//SEC Filing
Armbrister Clarence D 4
Accession 0001561894-22-000031
CIK 0001561894other
Filed
Mar 28, 8:00 PM ET
Accepted
Mar 29, 5:51 PM ET
Size
6.5 KB
Accession
0001561894-22-000031
Insider Transaction Report
Form 4
Armbrister Clarence D
Director
Transactions
- Award
LTIP Units
2022-03-25+2,497→ 4,577 total→ Common stock, par value $0.01 per share (2,497 underlying)
Footnotes (3)
- [F1]4,577 units of limited partner interest ("OP Units") in Hannon Armstrong Sustainable Infrastructure, LP (the "Partnership") are issuable upon vesting and the conversion of 4,577 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.
- [F2]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.
- [F3]N/A
Documents
Issuer
Hannon Armstrong Sustainable Infrastructure Capital, Inc.
CIK 0001561894
Entity typeother
Related Parties
1- filerCIK 0001850745
Filing Metadata
- Form type
- 4
- Filed
- Mar 28, 8:00 PM ET
- Accepted
- Mar 29, 5:51 PM ET
- Size
- 6.5 KB