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Home/Filings/4/0001561894-24-000101
4//SEC Filing

Eckel Jeffrey 4

Accession 0001561894-24-000101

CIK 0001561894other
View on SEC.govCompany Profile

Filed

Sep 16, 8:00 PM ET

Accepted

Sep 17, 4:14 PM ET

Size

15.9 KB

Accession

0001561894-24-000101

Insider Transaction Report

Form 4
Period: 2024-09-13
HA Sustainable Infrastructure Capital, Inc.HASI
Eckel Jeffrey
DirectorChairman, Dir, President & CEO
Transactions
  • Sale

    Common stock, par value $0.01 per share

    2024-09-16$34.75/sh−36,330$1,262,468→ 436,719 total(indirect: By Trust)
  • Other

    Common stock, par value $0.01 per share

    2024-09-16−18,450→ 18,450 total(indirect: By Spouse)
  • Sale

    Common stock, par value $0.01 per share

    2024-09-13$34.92/sh−109,670$3,829,676→ 473,049 total(indirect: By Trust)
  • Other

    Common stock, par value $0.01 per share

    2024-09-16+18,450→ 455,169 total(indirect: By Trust)
Holdings

  • Common stock, par value $0.01 per share

    (indirect: By grandson)
    2,887

  • LTIP Units

    (indirect: By LLC)
    → Common stock, par value $0.01 per share (778,117 underlying)
    778,117

  • Common stock, par value $0.01 per share

    19,162
Footnotes (9)
  • [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.75 to $35.07, inclusive, on September 13, 2024. The reporting person undertakes to provide HA 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]These shares are held by the Jeffrey W. Eckel Revocable Trust, of which Jeffrey W. Eckel is the sole trustee and beneficiary.
  • [F3]On September 16, 2024, the reporting person's spouse transferred 18,450 shares into the Jeffrey W. Eckel Revocable Trust.
  • [F4]These shares are held by the reporting person's spouse. The reporting person disclaims ownership other than to the extent of his pecuniary interest.
  • [F5]The reporting person acts as custodian for his grandson under the Uniform Gifts to Minors Act. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  • [F6]778,117 units of limited partner interest ("OP Units") in Hannon Armstrong Sustainable Infrastructure, LP (the "Partnership") are issuable upon the vesting and conversion of 758,117 long-term incentive plan units ("LTIP Units") in the Partnership. The LTIP Units were granted to the Reporting Person under the Issuer's 2013 Equity Incentive Plan, as amended, and the Issuer's 2022 Equity Incentive Plan.
  • [F7]Vested LTIP Units, after achieving parity with OP Units (as described in the Partnership's Amended and Restated Agreement of Limited Partnership (the "Partnership Agreement")), are eligible to be converted into OP Units on a one-for-one basis upon the satisfaction of conditions set forth in the Partnership Agreement. 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 HA 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.
  • [F8]N/A
  • [F9]These LTIP Units are held by HASI Management HoldCo LLC ("HoldCo LLC"). The Reporting Person is a member of HoldCo LLC. The LTIP Units reported represent only the number of LTIP Units in which the Reporting Person has a pecuniary interest in accordance with his proportionate interest in HoldCo LLC. The Reporting Person is voluntarily reporting his proportionate interest in HoldCo LLC's ownership of LTIP Units. The Reporting Person disclaims beneficial ownership other than to the extent of his pecuniary interest.

Documents

1 file

Issuer

HA Sustainable Infrastructure Capital, Inc.

CIK 0001561894

→
Entity typeother

Related Parties

1
  • filerCIK 0001574200

Filing Metadata

Form type
4
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 4:14 PM ET
Size
15.9 KB
View on SEC.gov