ECP ControlCo, LLC - 31 Mar 2024 Form 4 Insider Report for Custom Truck One Source, Inc. (CTOS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Apr 2024, 20:00:29 UTC
Prior SEC filing
12 Sep 2023
Next SEC filing
01 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
ECP ControlCo, LLC By: /s/ Rahman D'Argenio, Managing Member

Key filing fact

ECP ControlCo, LLC filed Form 4 for Custom Truck One Source, Inc. (CTOS) on 02 Apr 2024.

Key facts

  • This page summarizes ECP ControlCo, LLC's Form 4 filing for Custom Truck One Source, Inc. (CTOS).
  • 3 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 02 Apr 2024, 20:00.

Change

  • Previous filing in this sequence was filed on 12 Sep 2023.
  • Current net transaction value: $0.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CTOS transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+18,640
Change %
Price
$0.000000
Shares after
18,640
Date
31 Mar 2024
Ownership
See footnote
Footnotes
F1, F2
CTOS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
25,738,988
Date
31 Mar 2024
Ownership
See footnotes
Footnotes
F3, F4

Reported derivative securities

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

CTOS transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-18,640
Change %
-100%
Price
$0.000000*
Shares after
0
Date
31 Mar 2024
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
18,640
Exercise price
Footnotes
F1, F2, F5
CTOS transaction Derivative

Restricted Stock Unit

Award

Transaction value
$0
Shares
+22,218
Change %
Price
$0.000000
Shares after
22,218
Date
01 Apr 2024
Ownership
See footnote
Underlying class
Common Stock
Underlying amount
22,218
Exercise price
Footnotes
F1, F2, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.

Footnote F2

Represents securities held directly by Energy Capital Partners Management, LP ("ECP Management"). ECP Management GP, LLC is the general partner of ECP Management and may be deemed to share beneficial ownership of the securities held by ECP Management. ECP ControlCo, LLC ("ECP ControlCo") is the sole member of ECP Management GP, LLC. As a result, ECP ControlCo may be deemed to share beneficial ownership of the securities beneficially owned by ECP Management GP, LLC. The managing members of ECP ControlCo are Douglas Kimmelman, Andrew Singer, Peter Labbat, Tyler Reeder and Rahman D'Argenio all of whom collectively share the power to vote and dispose of the securities beneficially owned by ECP ControlCo. Each such individual disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Footnote F3

Includes 21,238,988 shares held by NESCO Holdings, LP and 4,500,000 shares held by ECP Cardinal Holdings, LP ("ECP Cardinal"). The general partner of each of ECP Cardinal and NESCO Holdings, LP is NESCO Holdings GP, LLC. ECP Starlight Guarantor (Public), LP ("ECP Starlight") and Energy Capital Partners III (NESCO Co-Invest), LP are the sole members of NESCO Holdings GP, LLC.

Footnote F4

ECP ControlCo is the sole member of Energy Capital Partners III, LLC, which is the general partner of (i) Energy Capital Partners GP III, LP, which is the general partner of each of Energy Capital Partners III, LP, Energy Capital Partners III-A, LP, Energy Capital Partners III-B, LP, Energy Capital Partners III-C, LP, and Energy Capital Partners III-D, LP (together, the "ECP III Funds"), which are the sole members of ECP Starlight Public GP, LLC, which is the general partner of ECP Starlight, and (ii) Energy Capital Partners GP III Co-Investment (NESCO), LLC, which is the general partner of Energy Capital Partners III (NESCO Co-Invest), LP. As a result, each of the foregoing entities may be deemed to share beneficial ownership of the shares of Common Stock held by ECP Cardinal and NESCO Holdings, LP.

Footnote F5

The restricted stock units vested in full on March 31, 2024.

Footnote F6

The restricted stock units will vest on March 31, 2025 and have no expiration date.

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