5//SEC Filing
Landenberger Michael 5
Accession 0001753926-23-000166
CIK 0001563922other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 8:32 PM ET
Size
8.2 KB
Accession
0001753926-23-000166
Insider Transaction Report
Form 5
Landenberger Michael
Chief Accounting Officer
Transactions
- Award
Class P-I Common Shares
2022-12-15$8.80/sh+464.489$4,088→ 38,903.407 total
Holdings
- 37,411.266
Class P-I Common Shares
- 17,970.111
Class E-O Common Shares
Footnotes (4)
- [F1]The Reporting Person was appointed Chief Accounting 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.connection with holdback arrangements related to the Acquisition by the Company of Group LLC.
- [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]Includes approximately 1,027 shares of Class P-I Common Shares acquired under the distribution reinvestment plan of the Company.
- [F4]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 0001965652
Filing Metadata
- Form type
- 5
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 8:32 PM ET
- Size
- 8.2 KB