0000899243-21-047911.txt : 20211213 0000899243-21-047911.hdr.sgml : 20211213 20211213173101 ACCESSION NUMBER: 0000899243-21-047911 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211209 FILED AS OF DATE: 20211213 DATE AS OF CHANGE: 20211213 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hodari Jamie CENTRAL INDEX KEY: 0001833225 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39798 FILM NUMBER: 211489025 MAIL ADDRESS: STREET 1: CBRE ACQUISITION HOLDINGS, INC. STREET 2: 2100 MCKINNEY AVENUE, 12TH FLOOR CITY: DALLAS STATE: TX ZIP: 75201 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 doc4.xml FORM 4 SUBMISSION X0306 4 2021-12-09 1 0001828723 Altus Power, Inc. AMPS 0001833225 Hodari Jamie C/O CBRE GROUP, INC. 2100 MCKINNEY AVENUE, SUITE 1250 DALLAS TX 75201 1 0 0 0 Class B Common Stock 2021-12-09 4 D 0 6037.5 D Class A Common Stock 145966 14087.5 I See footnote Warrants (Right to Buy) 2021-12-09 4 J 0 18417 11.00 A 2026-12-09 Class A Common Stock 18417 18417 I See footnote On December 9, 2021, CBRE Acquisition Holdings, Inc. completed a business combination with Altus Power, Inc. (the "Business Combination"), and CBRE Acquisition Holdings, Inc. changed its name to Altus Power, Inc. (the "Issuer"). Pursuant to the terms of the Class B common stock of the Issuer (the "Class B Common Stock"), of which an aggregate of 1,408,750 shares are currently outstanding, on the last day of each measurement period, which will occur annually over seven fiscal years following the completion of the Business Combination, an aggregate of 201,250 shares of Class B Common Stock will automatically convert, subject to adjustment, into shares of Class A common stock of the Issuer (the "Class A Common Stock"), pursuant to a formula based on the stock price of the Class A Common Stock, into an aggregate minimum of 2,013 shares of Class A Common Stock on each conversion date, up to an aggregate maximum of 14,596,637 shares of Class A Common Stock over such seven year period. Represents a disposition of Class B Common Stock pursuant to the terms of the Class B Letter Agreement, dated July 12, 2021, pursuant to which CBRE Acquisition Sponsor, LLC and certain other persons, including the Reporting Person, agreed to forfeit a specified number of shares of Class B Common Stock, effective upon the closing of the Business Combination. The number of shares of Class A Common Stock reported as underlying such shares of Class B Common Stock in the Table above represents the approximate maximum number of shares of Class A Common Stock that may be delivered with respect to shares of Class B Common Stock reported above by the Reporting Person based on proportionate ownership of shares of Class B Common Stock. Each Warrant is initially exercisable for one share of Class A Common Stock at an exercise price of $11.00 per share, subject to certain adjustments. The Warrants become exercisable on January 8, 2022, 30 days after the Issuer completed its Business Combination, and expire five years after completion of the Business Combination or earlier upon redemption or liquidation. The Warrants were acquired by the Reporting Person in connection with the initial public offering of CBRE Acquisition Holdings, Inc. Represents securities held by Pine Ridge 287, LLC. The Reporting Person disclaims beneficial ownership of the securities held by such limited liability company, except to the extent of his pecuniary interest therein. /s/ Cindy Kee, as Attorney-in-Fact 2021-12-13