0001179110-19-000562.txt : 20190108
0001179110-19-000562.hdr.sgml : 20190108
20190108164432
ACCESSION NUMBER: 0001179110-19-000562
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190104
FILED AS OF DATE: 20190108
DATE AS OF CHANGE: 20190108
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Plotkin Chad
CENTRAL INDEX KEY: 0001685648
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36002
FILM NUMBER: 19516410
MAIL ADDRESS:
STREET 1: NRG YIELD, INC.
STREET 2: 804 CARNEGIE CENTER
CITY: PRINCETON
STATE: NJ
ZIP: 08540
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Clearway Energy, Inc.
CENTRAL INDEX KEY: 0001567683
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911]
IRS NUMBER: 461777204
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 300 CARNEGIE CENTER, SUITE 300
CITY: PRINCETON
STATE: NJ
ZIP: 08540
BUSINESS PHONE: 609-608-1525
MAIL ADDRESS:
STREET 1: 300 CARNEGIE CENTER, SUITE 300
CITY: PRINCETON
STATE: NJ
ZIP: 08540
FORMER COMPANY:
FORMER CONFORMED NAME: NRG Yield, Inc.
DATE OF NAME CHANGE: 20130606
FORMER COMPANY:
FORMER CONFORMED NAME: NRG Yieldco, Inc.
DATE OF NAME CHANGE: 20130123
4
1
edgar.xml
FORM 4 -
X0306
4
2019-01-04
0
0001567683
Clearway Energy, Inc.
CWEN
0001685648
Plotkin Chad
CLEARWAY ENERGY, INC.
300 CARNEGIE CENTER, SUITE 300
PRINCETON
NJ
08540
0
1
0
0
SVP and CFO
Class C Common Stock, par value $.01 per share
2019-01-04
4
F
0
2344
D
31004
D
On November 7, 2016, Mr. Plotkin was issued 16,903 Restricted Stock Units ("RSUs") by Clearway Energy, Inc. (f/k/a NRG Yield, Inc.) under Clearway Energy Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP"). These RSUs vest ratably over a three-year period beginning on January 4, 2017. Each RSU is equivalent in value to one share of Class C Common Stock of Clearway Energy Inc., par value $.01 per share. On January 4, 2019, 4,226 shares vested. Mr. Plotkin elected to satisfy his tax obligation upon the exchange of common stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 2,344 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.
In connection with the vesting of the RSUs described above, 663 DERs converted to Class C Common Stock, resulting in the reporting person holding 2,946 dividend equivalent rights that may only be settled in Class C Common Stock. Dividend equivalent rights accrue on the reporting person's restricted stock, which become exercisable proportionately with the restricted stock units to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each dividend equivalent right is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.
/s/ Michael A. Brown, by Power of Attorney
2019-01-08