4//SEC Filing
Weber Dustin 4
Accession 0001828723-24-000042
CIK 0001828723other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 6:20 PM ET
Size
9.7 KB
Accession
0001828723-24-000042
Insider Transaction Report
Form 4
Weber Dustin
CHIEF FINANCIAL OFFICER
Transactions
- Award
Class A Common Stock
2024-03-28+147,490→ 2,011,773 total - Award
Performance Stock Unit
2024-03-28+98,326→ 98,326 totalExp: 2027-03-28→ Class A Common Stock (98,326 underlying) - Tax Payment
Class A Common Stock
2024-03-22$4.79/sh−20,643$98,880→ 1,864,283 total
Footnotes (3)
- [F1]Company withheld securities to cover payment of withholding tax liability incident to the vesting of a security issued in accordance with Rule 16b-3.
- [F2]Represents 147,490 RSUs granted to the Reporting Person on the transaction date pursuant to the Plan. Each RSU represents the right to receive one share of Issuer's Class A Common Stock. The RSUs are subject the Reporting Person's continued service to the Issuer and vesting as follows: approximately 33.3% vesting on the first anniversary of the grant date, approximately 33.3% vesting on the second anniversary of the grant date, and approximately 33.4% vesting on the third anniversary of the grant date.
- [F3]Represents 98,326 performance stock units, each of which represents the right to receive one share of the Issuer's Class A Common Stock and which vest in one installment on the third anniversary of the grant date based upon the Issuer's total stockholder return when compared to the Invesco Solar ETF ("TAN"), subject to certain adjustments, and the Russell 2000 index, assigning a weight of 50% to each. The number of performance stock units vested, and thus shares of Class A Common Stock issued, could range from 0 to 150% of the amount reported on this Form 4.
Documents
Issuer
Altus Power, Inc.
CIK 0001828723
Entity typeother
Related Parties
1- filerCIK 0001894268
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 6:20 PM ET
- Size
- 9.7 KB