0001828723-24-000041.txt : 20240405
0001828723-24-000041.hdr.sgml : 20240405
20240405181505
ACCESSION NUMBER: 0001828723-24-000041
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220215
FILED AS OF DATE: 20240405
DATE AS OF CHANGE: 20240405
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Savino Anthony
CENTRAL INDEX KEY: 0001894369
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39798
FILM NUMBER: 24827707
MAIL ADDRESS:
STREET 1: 2200 ATLANTIC STREET
STREET 2: 6TH FLOOR
CITY: STAMFORD
STATE: CT
ZIP: 06902
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/A
1
primary_doc.xml
PRIMARY DOCUMENT
X0508
4/A
2022-02-15
2022-02-17
0
0001828723
Altus Power, Inc.
AMPS
0001894369
Savino Anthony
C/O ALTUS POWER, INC.
2200 ATLANTIC STREET, 6TH FLOOR
STAMFORD
CT
06902
0
1
0
0
COFOUNDER,CHIEF CONST. OFFICER
0
Class A Common Stock
2022-02-15
4
A
0
210500
0
A
3876433
D
Class A Common Stock
378085
I
By Savino Family 2021 Trust f/b/o Maya Savino
Class A Common Stock
378085
I
By Savino Family 2021 Trust f/b/o Kira Savino Hendersen
Class A Common Stock
378085
I
By Savino Family 2021 Trust f/b/o Cloe Savino
Includes 173,000 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 38,400 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 $14, $18, and $22, respectively).
Includes 37,500 RSUs granted to the Reporting Person pursuant to the Altus Power, Inc. 2021 Omnibus Incentive Plan. Each RSU represents the right to receive one share of Common Stock. The RSUs will vest as follows: 33.3% vests on the first anniversary of grant, 33.3% vests on the second anniversary of the grant, and 33.4% vests on the third anniversary of the grant.
This Form 4/A amends the Form 4 filed by the Reporting Person on February 17, 2022 solely to reflect the amendment of the stock price performance hurdles set forth in footnote (1) as approved by the compensation committee of the Issuer on March 28, 2024.
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.
/s/ Sophia Lee, as Attorney-in-Fact
2024-04-05