Form 4 for CWEN Clearway Energy, Inc.
Accepted 2022-03-11 00:00:00 ET · period of report 2022-03-09 · accession 0001415889-22-002888 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-03-11 | 2022-03-09 | CWEN | Malcarney Kevin P. | EVP, GEN COUNSEL AND CORP SECR | F - Tax | — | -178 | 52.7K | -0.3% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class C Common Stock, par value $.01 per share | 2022-03-09 | F | D | 178 | — | 52,687 | D | — | — | (F1) Restricted Stock Unit (RSU) awards become eligible for continued vesting after a participant's Retirement, as defined in Clearway Energy, Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP"), provided the award has been outstanding for one year. On March 9, 2022, Mr. Malcarney's RSUs granted on April 15, 2020 became eligible for continued vesting pursuant to the award agreement in the event Mr. Malcarney retires. Mr. Malcarney 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 associated with his eligibility for continued vesting of outstanding RSUs. This form reflects the surrender of 178 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation. (F2) Includes 1,888 dividend equivalent rights that may only be settled in Class C Common Stock. |