4/A//SEC Filing
NORELL LARS 4/A
Accession 0001828723-23-000062
CIK 0001828723other
Filed
Apr 18, 8:00 PM ET
Accepted
Apr 19, 8:38 AM ET
Size
10.4 KB
Accession
0001828723-23-000062
Insider Transaction Report
Form 4/AAmended
NORELL LARS
10% Owner
Transactions
- Award
Class A Common Stock
2022-02-15+3,245,212→ 3,245,212 total
Holdings
- 2,854,545(indirect: By Trust)
Class A Common Stock
- 1,427,272(indirect: By Trust)
Class A Common Stock
- 21,774,907(indirect: By LLC)
Class A Common Stock
- 1,427,272(indirect: By Trust)
Class A Common Stock
- 1,427,272(indirect: By Trust)
Class A Common Stock
Footnotes (5)
- [F1]Represents 3,245,212 restricted stock units ("RSUs") granted to the Reporting Person on the transaction date pursuant to the Altus Power, Inc. 2021 Omnibus Incentive Plan. Each RSU represents the right to receive one share of Common Stock. The RSUs are subject the Reporting Person's continued service to the Issuer and vesting as follows: approximately33.3% vesting on the third anniversary of the grant date, approximately 33.3% vesting on the fourth anniversary of the grant date, and approximately 33.4% of these RSUs vesting on the fifth anniversary of the grant date, with 2,596,170 of such RSUs further conditioned upon a stock price performance hurdle which will be satisfied if the stock price attains 25% annual compound annual growth rate measured based on an initial value of $10.00 per Share (i.e. on each of the third anniversary, the fourth anniversary, and the fifth anniversary of the date of grant, the stock price performance hurdle shall be $19.53, $24.41, $30.51, respectively).
- [F2]Shares held by Start Capital LLC, of which the Reporting Person is the managing member. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- [F3]This Form 4/A is being filed solely to include 100,000 shares that were inadvertently omitted from the holdings of Start Capital LLC.
- [F4]Shares held by Start Capital Trust, for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest, if any, therein.
- [F5]Shares held in an irrevocable trust for the benefit of the Reporting Person's child. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest, if any, therein.
Documents
Issuer
Altus Power, Inc.
CIK 0001828723
Entity typeother
Related Parties
1- filerCIK 0001482018
Filing Metadata
- Form type
- 4/A
- Filed
- Apr 18, 8:00 PM ET
- Accepted
- Apr 19, 8:38 AM ET
- Size
- 10.4 KB