Barry E. Welch - 04 Jun 2025 Form 4 Insider Report for HA Sustainable Infrastructure Capital, Inc. (HASI)

Role
Director
Signature
/s/ Barry E. Welch
Issuer symbol
HASI
Transactions as of
04 Jun 2025
Transactions value $
$0
Form type
4
Filing time
06 Jun 2025, 17:08:28 UTC
Previous filing
24 Apr 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Welch Barry Edward Director 1 PARK PLACE, SUITE 200, ANNAPOLIS /s/ Barry E. Welch 06 Jun 2025 0001487813

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
transaction HASI LTIP Units Award $0 +5.17K $0.00 5.17K 04 Jun 2025 Common stock, par value $0.01 per share 5.17K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 5,166 units of limited partner interest ("OP Units") in Hannon Armstrong Sustainable Infrastructure, LP (the "Partnership") are issuable upon vesting and the conversion of 5,166 long-term incentive plan units ("LTIP Units") in the Partnership. Vested LTIP Units, after achieving parity with OP Units, are eligible to be converted into OP Units (as described in the Partnership's Amended and Restated Agreement of Limited Partnership (the "Partnership Agreement")) on a one-for-one basis upon the satisfaction of conditions set forth in the Partnership Agreement.
F2 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 HA 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.
F3 N/A