CONCANNON WILLIAM F 4
4 · Altus Power, Inc. · Filed Sep 23, 2022
Insider Transaction Report
Form 4
CONCANNON WILLIAM F
DirectorChief Executive Officer
Transactions
- Award
Class A Common Stock
2022-09-21+5,088→ 105,108 total(indirect: By LLC) - Disposition to Issuer
Warrants (Right to Buy)
2022-09-21$11.00/sh−18,417$202,587→ 0 total(indirect: By LLC)Exp: 2026-12-09→ Class A Common Stock (18,417 underlying)
Footnotes (2)
- [F1]Following the issuer's notice of redemption of all outstanding warrants to purchase the issuer's Class A Common Stock, the reporting person exercised its warrants on a cashless basis in exchange for the shares of Class A Common Stock reported herein at a ratio of 0.2763 shares per warrant.
- [F2]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 became exercisable on January 8, 2022, 30 days after the issuer completed its business combination of CBRE Holdings, Inc. with Altus Power, Inc., which occurred on December 9, 2021. The warrants were acquired by the reporting person in connection with the initial public offering of CBRE Acquisition Holdings, Inc.