CBRE Acquisition Sponsor, LLC - Jun 20, 2024 Form 4 Insider Report for Altus Power, Inc. (AMPS)

Role
Director, 10%+ Owner
Signature
CBRE ACQUISITION SPONSOR, LLC, By: /s/ Emma E. Giamartino, Name: Emma E. Giamartino, Title: Chief Financial Officer
Stock symbol
AMPS
Transactions as of
Jun 20, 2024
Transactions value $
$0
Form type
4
Date filed
7/1/2024, 08:00 PM
Previous filing
Apr 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMPS Class A Common Stock Other +29.6K +0.12% 24.6M Jun 20, 2024 Held through CBRE Acquisition Sponsor, LLC F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an assignment of Restricted Stock Units ("RSUs") from Robert Bernard, a director of Altus Power, Inc. (the "Issuer") to CBRE Acquisition Sponsor, LLC ("CBRE Sponsor"). Mr. Bernard is Chief Sustainability Officer of an affiliate of CBRE Sponsor and has assigned all director compensation earned from the Issuer to CBRE Sponsor.
F2 Each RSU represents the right to receive one share of Class A common stock, par value $0.0001 per share (the "Class A common stock"), of the Issuer awarded under the Issuer's 2021 Omnibus Incentive Plan. The RSUs vest in full on the date of the Issuer's 2025 annual meeting of stockholders, which is expected to take place in May 2025, subject to Robert Bernard's continued service to the Issuer through such date.
F3 On April 18, 2024, the reporting persons filed a Form 4 which inadvertently reported in column 5 of Table I that, following the transaction reported therein, the reporting persons beneficially owned an aggregate of 24,679,720 shares of Class A common stock. Column 5 of Table I of such Form 4 should have reflected that the reporting persons beneficially owned an aggregate of 24,572,682 shares of Class A common stock.
F4 Represents securities directly held by CBRE Sponsor. The sole member of CBRE Sponsor is CBRE Services, Inc., which is a wholly-owned subsidiary of CBRE Group, Inc., a publicly traded company.