Anthony Savino - Feb 15, 2022 Form 4/A Insider Report for Altus Power, Inc. (AMPS)

Role
COFOUNDER,CHIEF CONST. OFFICER
Signature
/s/ Sophia Lee, as Attorney-in-Fact
Stock symbol
AMPS
Transactions as of
Feb 15, 2022
Transactions value $
$0
Form type
4/A
Date filed
4/5/2024, 06:15 PM
Date Of Original Report
Feb 17, 2022
Previous filing
Dec 9, 2021
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMPS Class A Common Stock Award $0 +211K +5.74% $0.00 3.88M Feb 15, 2022 Direct F1, F2, F3
holding AMPS Class A Common Stock 378K Feb 15, 2022 By Savino Family 2021 Trust f/b/o Maya Savino F4
holding AMPS Class A Common Stock 378K Feb 15, 2022 By Savino Family 2021 Trust f/b/o Kira Savino Hendersen F4
holding AMPS Class A Common Stock 378K Feb 15, 2022 By Savino Family 2021 Trust f/b/o Cloe Savino F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 173,000 restricted stock units ("RSUs") granted to the Reporting Person on the transaction date pursuant to the Altus Power, Inc. 2021 Omnibus Incentive Plan. Each RSU represents the right to receive one share of Common Stock. The RSUs are subject the Reporting Person's continued service to the Issuer and vesting as follows: approximately 33.3% vesting on the third anniversary of the grant date, approximately 33.3% vesting on the fourth anniversary of the grant date, and approximately 33.4% of these RSUs vesting on the fifth anniversary of the grant date, with 38,400 of such RSUs further conditioned upon a stock price performance hurdle which will be satisfied if the stock price attains 25%annual compound annual growth rate measured based on an initial value of $10.00 per Share (i.e. on each of the third anniversary, the fourth anniversary, and the fifth anniversary of the date of grant, the stock price performance hurdle shall be $14, $18, and $22, respectively).
F2 Includes 37,500 RSUs granted to the Reporting Person pursuant to the Altus Power, Inc. 2021 Omnibus Incentive Plan. Each RSU represents the right to receive one share of Common Stock. The RSUs will vest as follows: 33.3% vests on the first anniversary of grant, 33.3% vests on the second anniversary of the grant, and 33.4% vests on the third anniversary of the grant.
F3 This Form 4/A amends the Form 4 filed by the Reporting Person on February 17, 2022 solely to reflect the amendment of the stock price performance hurdles set forth in footnote (1) as approved by the compensation committee of the Issuer on March 28, 2024.
F4 Shares held in an irrevocable trust for the benefit of the Reporting Person's child. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest, if any, therein.