0001828723-24-000035.txt : 20240405
0001828723-24-000035.hdr.sgml : 20240405
20240405172408
ACCESSION NUMBER: 0001828723-24-000035
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240322
FILED AS OF DATE: 20240405
DATE AS OF CHANGE: 20240405
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Felton Gregg J
CENTRAL INDEX KEY: 0001590854
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39798
FILM NUMBER: 24827470
MAIL ADDRESS:
STREET 1: C/O FULL CIRCLE CAPITAL CORPORATION
STREET 2: 800 WESTCHESTER AVE.
CITY: RYE BROOK
STATE: NY
ZIP: 10573
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Altus Power, Inc.
CENTRAL INDEX KEY: 0001828723
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911]
ORGANIZATION NAME: 01 Energy & Transportation
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
primary_doc.xml
PRIMARY DOCUMENT
X0508
4
2024-03-22
0
0001828723
Altus Power, Inc.
AMPS
0001590854
Felton Gregg J
C/O ALTUS POWER, INC.
2200 ATLANTIC STREET, 6TH FLOOR
STAMFORD
CT
06902
1
1
1
0
CO-FOUNDER CO-CEO CO-PRESIDENT
0
Class A Common Stock
2024-03-22
4
F
0
56849
4.79
D
3633011
D
Class A Common Stock
2024-03-28
4
A
0
198248
0
A
3831259
D
Class A Common Stock
2024-03-28
4
A
0
263598
0
A
4094857
D
Class A Common Stock
11882103
I
By Felton Asset Management LLC
Performance Stock Unit
2024-03-28
4
A
0
175732
0
A
2027-03-28
Class A Common Stock
175732
175732
D
Company withheld securities to cover payment of withholding tax liability incident to the vesting of a security issued in accordance with Rule 16b-3.
Represents 198,248 restricted stock units ("RSUs") granted to the Reporting Person on the transaction date pursuant to the Altus Power, Inc. 2021 Omnibus Incentive Plan (the "Plan"). Each RSU represents the right to receive one share of the Issuer's Class A Common Stock. The RSUs are subject the Reporting Person's continued service to the Issuer and vesting as follows: 50% vesting on the first anniversary of the grant date and 50% vesting on the second anniversary of the grant date.
Represents 263,598 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.
Shares held by Felton Asset Management 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.
Represents 175,732 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.
/s/ Sophia Lee, as Attorney-in-Fact
2024-04-05