Form 4 for HASI HA Sustainable Infrastructure Capital, Inc.
Accepted 2022-03-29 00:00:00 ET · period of report 2022-01-14 · accession 0001561894-22-000028 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2022-03-29 | 2022-01-14 | HASI | Eckel Jeffrey | Pres, CEO, Dir | G - Gift | $0.00 | -100 | 36.9K | -0.3% | $0 |
| DI | 2022-03-29 | 2022-03-25 | HASI | Eckel Jeffrey | Pres, CEO, Dir | A - Grant | $0.00 | +131.8K | 639.8K | +26% | $0 |
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 | Common stock, par value $0.01 per share | 2022-01-14 | G | D | 100 | $0.00 | 36,900 | I By spouse | — | — | (F4) These shares are held by the reporting person's spouse. The reporting person disclaims ownership other than to the extent of his pecuniary interest. |
| 2 | Derivative | LTIP Units | 2022-03-25 | A | A | 131,797 | $0.00 | 639,823 | I By HASI Management HoldCo LLC | — · — to — | 131,797 Common stock, par value $0.01 per share | (F9) These LTIP Units are held by HASI Management HoldCo LLC ("HoldCo LLC"). The Reporting Person is a member of HoldCo LLC. The LTIP Units reported represent only the number of LTIP Units in which the Reporting Person has a pecuniary interest in accordance with his proportionate interest in HoldCo LLC. The Reporting Person is voluntarily reporting his proportionate interest in HoldCo LLC's ownership of LTIP Units. The Reporting Person disclaims beneficial ownership other than to the extent of his pecuniary interest. (F7) Vested LTIP Units, after achieving parity with OP Units (as described in the Partnership's Amended and Restated Agreement of Limited Partnership (the "Partnership Agreement")), are eligible to be converted into OP Units on a one-for-one basis upon the satisfaction of conditions set forth in the Partnership Agreement. Upon conversion of LTIP Units into OP Units, the Reporting Person will have the right to cause the Partnership to redeem a portion of the Reporting Person's OP Units for cash in an amount equal to the market value (as defined in the Partnership Agreement) of an equivalent number of shares of common stock, par value $0.01 per share, of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (the "Issuer"), or at the Issuer's option, shares of the Issuer's common stock on a one-for-one basis, subject to certain adjustments. (F6) 639,823 units of limited partner interest ("OP Units") in Hannon Armstrong Sustainable Infrastructure, LP (the "Partnership") are issuable upon the vesting and conversion of 639,823 long-term incentive plan units ("LTIP Units") in the Partnership. The LTIP Units were granted to the Reporting Person under the Issuer's 2013 Equity Incentive Plan, as amended. (F8) N/A |