5//SEC Filing
Mash Spencer 5
Accession 0001753926-23-000162
CIK 0001563922other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 8:30 PM ET
Size
8.0 KB
Accession
0001753926-23-000162
Insider Transaction Report
Form 5
Mash Spencer
Chief Financial Officer
Transactions
- Award
Class P-I Common Shares
2022-12-15$8.80/sh+13,713.49$120,692→ 1,132,083.821 total
Holdings
- 1,118,370.331
Class P-I Common Shares
- 460,798.926
Class E-O Common Shares
Footnotes (3)
- [F1]The Reporting Person was appointed Chief Financial Officer, and therefore became a Reporting Person, of Greenbacker Renewable Energy Company LLC (the "Company") on August 1, 2022. Reflects shares of Class P-I Common shares distributed to the Reporting Person on May 19, 2022 in his capacity as a member of Greenbacker Group LLC ("Group LLC") in connection with the management acquisition (the "Acquisition") by the Company of Group LLC, including 11,086.474 shares of the Company owned by the Reporting Person prior to the Acquisition.
- [F2]Reflects shares of Class P-I Common shares distributed to the Reporting Person on December 15, 2022 in its capacity as a member of Group LLC in connection with holdback arrangements related to the Acquisition by the Company of Group LLC.
- [F3]Reflects shares of Class EO Common Shares ("Earnout Shares") issued to the Reporting Person on May 19, 2022 in his capacity as a member of Group LLC in connection with the Acquisition. The Earnout Shares initially do not have the right to participate in any distributions payable by the Company. Upon the achievement of separate bench-mark quarter-end-run-rate revenue targets, or upon the occurrence of certain liquidity events, however, these Earnout Shares can become "Participating Earnout Shares" and become entitled to priority allocation of profits and increases in value from the Company and will have equivalent economic and voting rights as Class P-I Common Shares, as further described in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 23, 2022.
Documents
Issuer
Greenbacker Renewable Energy Co LLC
CIK 0001563922
Entity typeother
Related Parties
1- filerCIK 0001965588
Filing Metadata
- Form type
- 5
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 8:30 PM ET
- Size
- 8.0 KB