Dustin Weber - Dec 9, 2021 Form 4 Insider Report for Altus Power, Inc. (AMPS)

Role
CHIEF FINANCIAL OFFICER AND CHIEF OPERATING OFFICER
Signature
By: /s/ Sophia Lee, Attorney-in-Fact
Stock symbol
AMPS
Transactions as of
Dec 9, 2021
Transactions value $
$0
Form type
4
Date filed
12/9/2021, 08:34 PM
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMPS Class A Common Stock Award +1.78M 1.78M Dec 9, 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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").
F2 (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.
F3 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