Charles Wheeler - 18 Jul 2024 Form 4 Insider Report for Greenbacker Renewable Energy Co LLC

Role
Chief Executive Officer, Director
Signature
/s/ Charles Wheeler
Issuer symbol
N/A
Transactions as of
18 Jul 2024
Net transactions value
$0
Form type
4
Filing time
18 Jul 2024, 14:33:27 UTC
Previous filing
28 May 2024
Next filing
02 Apr 2025
SEC
View on sec.gov

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 Restricted Share Units (Time) Award $0 +44,677 +81% $0.000000 100,019 18 Jul 2024 Class P-I Shares 44,677 Direct F1, F2, F3
transaction Restricted Share Units (Performance) Award $0 +178,709 +54% $0.000000 510,760 18 Jul 2024 Class P-I Shares 178,709 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Greenbacker Renewable Energy Company LLC (the "Company") granted these restricted share units to the Reporting Person pursuant to the Company's 2023 Equity Incentive Plan.
F2 Each restricted share unit represents a contingent right to receive an amount equal to one Class P-I 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.
F3 The restricted share units vest in three equal annual installments on each anniversary of July 1, 2024. Vested restricted share units will be settled as soon as reasonably practicable following such vesting.
F4 The restricted share units vest based on the satisfaction of certain performance criteria during the performance period beginning on July 1, 2024, and ending on July 1, 2027. Vested restricted share units will be settled as soon as reasonably practicable following such vesting.