SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Weber Dustin

(Last)

(First)

(Middle)

C/O ALTUS POWER, INC.

2200 ATLANTIC STREET, 6TH FLOOR

(Street)

STAMFORD

06902

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Altus Power, Inc. [ AMPS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
12/09/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	12/09/2021		A		1,779,038⁽³⁾	A	⁽¹⁾⁽²⁾	1,779,038⁽³⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Received pursuant to the Business Combination Agreement, dated as of July 12, 2021 (as amended, the "Merger Agreement"), by and among Altus Power, Inc. (f/k/a CBRE Acquisition Holdings, Inc.) (the "Issuer"), CBAH Merger Sub I, Inc. ("First Merger Sub"), CBAH Merger Sub II, LLC ("Second Merger Sub"), Altus Power America Holdings, LLC, APAM Holdings LLC and Altus Power, Inc. (the "Company"), pursuant to which First Merger Sub merged with and into the Company with the Company continuing as the surviving corporation (the "First Merger"), and immediately thereafter the Company merged with and into Second Merger Sub, with Second Merger Sub continuing as the surviving entity and as a wholly owned subsidiary of the Issuer (the "Second Merger" and together with the First Merger and the other transactions contemplated by the Business Combination Agreement, the "Business Combination").

2. (Continued from Footnote 1) As a result, the Company became a wholly-owned subsidiary of the Issuer, with the stockholders of the Company becoming stockholders of the Issuer by exchanging their equity interests for securities of the Issuer in accordance with the terms of the agreements relating to the Business Combination.

3. Includes 315,889 restricted shares of Class A Common Stock ("Restricted Shares") which are subject to vesting restrictions. Approximately 43.7% of the Restricted Shares shall vest on January 19, 2022, approximately 14.5% of the Restricted Shares shall vest on April 23, 2022, approximately 5.1% of the Restricted Shares will vest on September 13, 2022, approximately 18.4% of the Restricted Shares will vest on January 19, 2023, and approximately 18.4% of the Restricted Shares will vest on January 19, 2024, each subject to the Reporting Person's continued service to the Issuer.

Remarks:

CHIEF FINANCIAL OFFICER AND CHIEF OPERATING OFFICER

	By: /s/ Sophia Lee, Attorney-in-Fact	12/09/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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