SEC Form 4 · accession 0000899243-17-008024
HA Sustainable Infrastructure Capital, Inc. · HASI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
M Rhem Wooten
Officer — EVP
Period of report
Mar 15, 2017
Accepted (ET)
Mar 17, 2017 · 5:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001561894
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock, par value $0.01 per shareF1 | Mar 15, 2017 | A | 13,889 | $0.00 | A | 251,401 | D | |
| Common stock, par value $0.01 per shareF2 | Mar 15, 2017 | A | 19,500 | $0.00 | A | 270,901 | D | |
| Common stock, par value $0.01 per shareF3 | Mar 15, 2017 | A | 39,000 | $0.00 | A | 309,901 | D | |
| Common stock, par value $0.01 per shareF4 | holding | — | — | — | 29,345 | I | By spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 15, 2017, the reporting person was granted 13,889 shares of restricted Common Stock that were issued pursuant to the 2013 Hannon Armstrong Sustainable Infrastructure Capital Inc. Equity Incentive Plan, as amended (the "Plan"). The shares vest on March 5, 2019.
- F2On March 15, 2017, the reporting person was granted 19,500 shares of restricted Common Stock that were issued pursuant to the Plan. The shares will vest in equal installments of one-third of the full amount on March 15, 2018, March 5, 2019 and March 5, 2020.
- F3On March 15, 2017, the reporting person was awarded up to a maximum of 39,000 Restricted Stock Units ("RSUs") under the Plan, which represent the right to receive one share of Common Stock of the issuer for each RSU at vesting. The RSUs vest on March 5, 2020 if certain absolute and relative stockholder return targets are achieved on or prior to such date. The number of RSUs to be awarded to the reporting person range from zero to 39,000 based on the Company's performance relative to the return targets. The RSUs reported on this Form 4 assume the reporting person receives the maximum possible grant. Dividend equivalents will accrue on the RSUs from the grant date, but the reporting person is not entitled to receive the dividend equivalents until the RSUs vest. The grant is being reported here for informational purposes only.
- F4These shares are held by the reporting person's spouse. The reporting person disclaims ownership other than to the extent of his pecuniary interest.