David Sher - May 23, 2024 Form 4 Insider Report for Greenbacker Renewable Energy Co LLC (N/A)

Role
Director
Signature
/s/ David Sher
Stock symbol
N/A
Transactions as of
May 23, 2024
Transactions value $
$0
Form type
4
Date filed
5/28/2024, 08:29 PM
Previous filing
Aug 24, 2023
Next filing
Jul 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction N/A Class P-I Common Shares Options Exercise +17.5K +1.14% 1.55M May 23, 2024 Direct F1, F2, F3

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 N/A Restricted Share Units (Time) Options Exercise $0 -17.5K -33.33% $0.00 35K May 23, 2024 Class P-I Shares 17.5K Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Class P-I Common Shares will be settled as soon as reasonably practicable in the Reporting Person's account.
F2 Restricted share units convert into Class P-I Comon Shares on a one-for-one basis.
F3 Includes approximately 6,571 shares of Class P-I Common Shares acquired under the distribution reinvestment plan of Greenbacker Renewable Energy Company LLC (the "Company") since the Reporting Person's last report.
F4 The Company granted these restricted share units to the Reporting Person pursuant to the Company's 2023 Equity Incentive Plan.
F5 Each restricted share unit represents a contingent right to receive an amount equal to one Class P-I Common Share in (w) cash, (x) common shares (y) other securities or other property, as applicable, or (z) any combination thereof, as determined by the Company.
F6 The restricted share units vest in three equal annual installments on each anniversary of May 26, 2023. Vested restricted share units will be settled as soon as reasonably practicable following such vesting.