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