Richard N. Peretz - Feb 15, 2022 Form 4 Insider Report for Altus Power, Inc. (AMPS)

Role: Director
Signature: By: /s/ Sophia Lee, Attorney-in-Fact
Stock symbol: AMPS
Transactions as of: Feb 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/17/2022, 05:20 PM
Previous filing: Dec 9, 2021
Next filing: Feb 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AMPS	Class A Common Stock	Award	$0	+17.5K	+87.5%	$0.00	37.5K	Feb 15, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units ("RSUs") granted to the Reporting Person pursuant to an Amended Director Offer Letter agreement, dated December 9, 2021, between the Reporting Person and the Issuer, pursuant to which the Reporting Person will receive RSUs as a portion of the Reporting Person's compensation for services to the Issuer as a Director. Each RSU represents the right to receive one share of Common Stock. The RSUs vest as follows: (i) 10,000 RSUs vest in equal annual installments on each of the first two anniversaries of the consummation of the Issuer's business combination transaction on December 9, 2021 (the "Vesting Commencement Date"); and (ii) 7,500 RSUs vest in full on the first anniversary of the Vesting Commencement Date, in each case subject to the Reporting Person's continued service to the Issuer through each such date.

Content

Represents restricted stock units ("RSUs") granted to the Reporting Person pursuant to an Amended Director Offer Letter agreement, dated December 9, 2021, between the Reporting Person and the Issuer, pursuant to which the Reporting Person will receive RSUs as a portion of the Reporting Person's compensation for services to the Issuer as a Director. Each RSU represents the right to receive one share of Common Stock. The RSUs vest as follows: (i) 10,000 RSUs vest in equal annual installments on each of the first two anniversaries of the consummation of the Issuer's business combination transaction on December 9, 2021 (the "Vesting Commencement Date"); and (ii) 7,500 RSUs vest in full on the first anniversary of the Vesting Commencement Date, in each case subject to the Reporting Person's continued service to the Issuer through each such date.