Quick Takeaways
- This page summarizes Marc T. Pangburn's Form 4 filing for Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI).
- 2 reported transactions and 1 derivative row are listed below.
- Filing timestamp: 24 Feb 2022, 15:30.
Marc T. Pangburn - 13 Apr 2021 Form 4 Insider Report for Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI)
- Role
- EVP and Co-CIO
- Signature
- /s/ Marc T. Pangburn
- Issuer symbol
- HASI
- Transactions as of
- 13 Apr 2021
- Net transactions value
- -$203,366
- Form type
- 4
- Filing time
- 24 Feb 2022, 15:30:58 UTC
- Next filing
- 18 May 2021
- SEC
- View on sec.gov
Quoteable Key Fact
"Marc T. Pangburn filed Form 4 for Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) on 24 Feb 2022."
What Changed
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: -$203,366.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Official SEC Source
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HASI | Common stock, par value $0.01 per share | Sale | $203,366 | -4,700 | -8.5% | $43.27 | 50,271 | 22 Feb 2022 | Direct | |
| transaction | HASI | Common stock, par value $0.01 per share | Award | $0 | +50 | +0.1% | $0.000000 | 50,321 | 13 Apr 2021 | Direct | F1 |
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | HASI | LTIP Units | 32,502 | 13 Apr 2021 | Common stock, par value $0.01 per share | 32,502 | By HASI Management HoldCo, LLC | F2, F3, F4, F5 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | Represents Common Stock acquired through a brokerage dividend reinvestment plan. |
| F2 | 32,502 units of limited partner interest ("OP Units") in Hannon Armstrong Sustainable Infrastructure, LP (the "Partnership") are issuable upon the vesting and conversion of 32,502 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. |
| F3 | 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. |
| F4 | N/A |
| F5 | 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. |