4//SEC Filing
Armbrister Clarence D 4
Accession 0001561894-24-000079
CIK 0001561894other
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 4:06 PM ET
Size
7.1 KB
Accession
0001561894-24-000079
Insider Transaction Report
Form 4
Armbrister Clarence D
Director
Transactions
- Award
LTIP Units
2024-06-06+6,126→ 14,832 total→ Common stock, par value $0.01 per share (6,126 underlying)
Holdings
- 420
Common stock, par value $0.01 per share
Footnotes (3)
- [F1]14,832 units of limited partner interest ("OP Units") in Hannon Armstrong Sustainable Infrastructure, LP (the "Partnership") are issuable upon vesting and the conversion of 14,832 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 the market 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
- Jun 6, 8:00 PM ET
- Accepted
- Jun 7, 4:06 PM ET
- Size
- 7.1 KB