0001628280-22-003085.txt : 20220217
0001628280-22-003085.hdr.sgml : 20220217
20220217183650
ACCESSION NUMBER: 0001628280-22-003085
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220215
FILED AS OF DATE: 20220217
DATE AS OF CHANGE: 20220217
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: NORELL LARS
CENTRAL INDEX KEY: 0001482018
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39798
FILM NUMBER: 22650061
MAIL ADDRESS:
STREET 1: 12 EGGLESTON LANE
CITY: OLD GREENWICH
STATE: CT
ZIP: 06870
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Altus Power, Inc.
CENTRAL INDEX KEY: 0001828723
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911]
IRS NUMBER: 853448396
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2200 ATLANTIC STREET, 6TH FLOOR
CITY: STAMFORD
STATE: CT
ZIP: 06902
BUSINESS PHONE: (203) 698-0090
MAIL ADDRESS:
STREET 1: 2200 ATLANTIC STREET, 6TH FLOOR
CITY: STAMFORD
STATE: CT
ZIP: 06902
FORMER COMPANY:
FORMER CONFORMED NAME: CBRE Acquisition Holdings, Inc.
DATE OF NAME CHANGE: 20201016
4
1
wf-form4_164514099352949.xml
FORM 4
X0306
4
2022-02-15
0
0001828723
Altus Power, Inc.
AMPS
0001482018
NORELL LARS
C/O ALTUS POWER, INC.
2200 ATLANTIC STREET, 6TH FLOOR
STAMFORD
CT
06902
1
1
1
0
CO-FOUNDER CO-CEO CO-PRESIDENT
Class A Common Stock
2022-02-15
4
A
0
3245212
0
A
3245212
D
Class A Common Stock
21674907
I
By Start Capital LLC
Class A Common Stock
2854545
I
By Start Capital Trust
Class A Common Stock
1427272
I
By Viola Profectus Trust
Class A Common Stock
1427272
I
By Excelsior Profectus Trust
Class A Common Stock
1427272
I
By Latifolia Profectus Trust
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: approximately 33.3% 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)
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.
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.
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.
The Reporting Person's status as a 10% owner was inadvertently omitted form the Reporting Person's prior filing on Form 4.
By: /s/ Sophia Lee, Attorney-in-Fact
2022-02-17