Landenberger Michael 4
4 · Greenbacker Renewable Energy Co LLC · Filed Feb 29, 2024
Insider Transaction Report
Form 4
Landenberger Michael
Chief Accounting Officer
Transactions
- Award
Restricted Share Units (Time)
2024-02-27+62,259.45→ 62,259.45 total→ Class P-I Shares (62,259.45 underlying) - Award
Restricted Share Units (Performance)
2024-02-27+49,807.56→ 49,807.56 total→ Class P-I Shares (49,807.56 underlying)
Footnotes (4)
- [F1]Greenbacker Renewable Energy Company LLC (the "Company") granted these restricted share units to the Reporting Person pursuant to the Company's 2023 Equity Incentive Plan.
- [F2]Each restricted share unit represents a contingent right to receive an amount equal to one Class P-I Share in (w) cash, (x) common shares (y) other securities or other property, as applicable, or (z) any combination thereof, as determined by the Company.
- [F3]The restricted share units vest in three equal annual installments on each anniversary of May 23, 2023. Vested restricted share units will be settled as soon as reasonably practicable following such vesting.
- [F4]The restricted share units vest based on the satisfaction of certain performance criteria during the performance period beginning on May 23, 2023, and ending on May 23, 2026. Vested restricted share units will be settled as soon as reasonably practicable following such vesting.