Jamie Hodari - 09 Dec 2021 Form 4 Insider Report for Altus Power, Inc.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
13 Dec 2021, 16:31:01 UTC
Next SEC filing
07 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Cindy Kee, as Attorney-in-Fact

Key filing fact

Jamie Hodari filed Form 4 for Altus Power, Inc. on 13 Dec 2021.

Key facts

  • This page summarizes Jamie Hodari's Form 4 filing for Altus Power, Inc..
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 13 Dec 2021, 16:31.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: +$202,587.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AMPS transaction Derivative

Class B Common Stock

Disposed to Issuer

Transaction value
Shares
-6,038
Change %
-30%
Price
Shares after
14,088
Date
09 Dec 2021
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
145,966
Exercise price
Footnotes
F1, F2, F3, F5
AMPS transaction Derivative

Warrants (Right to Buy)

Other

Transaction value
$202,587
Shares
+18,417
Change %
Price
$11.00
Shares after
18,417
Date
09 Dec 2021
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
18,417
Exercise price
Footnotes
F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Jamie Hodari is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote F1

On December 9, 2021, CBRE Acquisition Holdings, Inc. completed a business combination with Altus Power, Inc. (the "Business Combination"), and CBRE Acquisition Holdings, Inc. changed its name to Altus Power, Inc. (the "Issuer"). Pursuant to the terms of the Class B common stock of the Issuer (the "Class B Common Stock"), of which an aggregate of 1,408,750 shares are currently outstanding, on the last day of each measurement period, which will occur annually over seven fiscal years following the completion of the Business Combination, an aggregate of 201,250 shares of Class B Common Stock will automatically convert, subject to adjustment, into shares of Class A common stock of the Issuer (the "Class A Common Stock"), pursuant to a formula based on the stock price of the Class A Common Stock, into an aggregate minimum of 2,013 shares of Class A Common Stock on each conversion date, up to an aggregate maximum of 14,596,637 shares of Class A Common Stock over such seven year period.

Footnote F2

Represents a disposition of Class B Common Stock pursuant to the terms of the Class B Letter Agreement, dated July 12, 2021, pursuant to which CBRE Acquisition Sponsor, LLC and certain other persons, including the Reporting Person, agreed to forfeit a specified number of shares of Class B Common Stock, effective upon the closing of the Business Combination.

Footnote F3

The number of shares of Class A Common Stock reported as underlying such shares of Class B Common Stock in the Table above represents the approximate maximum number of shares of Class A Common Stock that may be delivered with respect to shares of Class B Common Stock reported above by the Reporting Person based on proportionate ownership of shares of Class B Common Stock.

Footnote F4

Each Warrant is initially exercisable for one share of Class A Common Stock at an exercise price of $11.00 per share, subject to certain adjustments. The Warrants become exercisable on January 8, 2022, 30 days after the Issuer completed its Business Combination, and expire five years after completion of the Business Combination or earlier upon redemption or liquidation. The Warrants were acquired by the Reporting Person in connection with the initial public offering of CBRE Acquisition Holdings, Inc.

Footnote F5

Represents securities held by Pine Ridge 287, LLC. The Reporting Person disclaims beneficial ownership of the securities held by such limited liability company, except to the extent of his pecuniary interest therein.

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