Christopher Smith - Feb 27, 2024 Form 4 Insider Report for Greenbacker Renewable Energy Co LLC (N/A)

Signature
/s/ Christopher Smith
Stock symbol
N/A
Transactions as of
Feb 27, 2024
Transactions value $
$0
Form type
4
Date filed
8/22/2024, 04:22 PM
Previous filing
Feb 20, 2024
Next filing
Jul 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction N/A Class EO Common Shares Award $0 +45.5K $0.00 45.5K Feb 27, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of Class EO Common Shares ("Earnout Shares") issued to the Reporting Person on February 27, 2024. The Earnout Shares initially do not have the right to participate in any distributions payable by Greenbacker Renewable Energy Company LLC (the "Company"). Upon the achievement of separate bench-mark quarter-end-run-rate revenue targets, or upon the occurrence of certain liquidity events, however, these Earnout Shares can become "Participating Earnout Shares" and become entitled to priority allocation of profits and increases in value from the Company and will have equivalent economic and voting rights as Class P-I Common Shares, as further described in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 23, 2022.