4//SEC Filing
Chuslo Steven 4
Accession 0001561894-25-000018
CIK 0001561894other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 5:26 PM ET
Size
9.3 KB
Accession
0001561894-25-000018
Insider Transaction Report
Form 4
Chuslo Steven
GENERAL COUNSEL & EVP
Transactions
- Award
LTIP Units
2025-03-01+54,000→ 267,476 total(indirect: By LLC)→ Common stock, par value $0.01 per share (54,000 underlying)
Holdings
- 226,561
Common stock, par value $0.01 per share
- 4,700(indirect: By Spouse)
Common stock, par value $0.01 per share
Footnotes (6)
- [F1]These shares are held by the reporting person's spouse. The reporting person disclaims ownership other than to the extent of his pecuniary interest.
- [F2]267,476 units of limited partner interest ("OP Units") in Hannon Armstrong Sustainable Infrastructure, LP (the "Partnership") are issuable upon the vesting and conversion of 267,476 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.
- [F3]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 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
- [F5]Previously included in this total were 16,528 LTIP Units which did not vest, as certain performance targets for the performance period ended December 31, 2024 were not met.
- [F6]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
Issuer
HA Sustainable Infrastructure Capital, Inc.
CIK 0001561894
Entity typeother
Related Parties
1- filerCIK 0001574201
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 5:26 PM ET
- Size
- 9.3 KB