SEC Form 4 · accession 0001209191-15-027624
HA Sustainable Infrastructure Capital, Inc. · HASI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Brendan Herron
Officer — EVP & CFO
Period of report
Mar 17, 2015
Accepted (ET)
Mar 18, 2015 · 7:00 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,F2 | Mar 17, 2015 | A | 20,325 | $0.00 | A | 149,193 | D | |
| Common stock, par value $0.01 per shareF3,F2 | Mar 17, 2015 | A | 39,570 | $0.00 | A | 188,763 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 17, 2015, the reporting person was granted 20,325 shares of restricted Common Stock that were issued pursuant to the 2013 Hannon Armstrong Sustainable Infrastructure Capital Inc. Equity Incentive Plan (the "Plan"). The shares vest on December 31, 2016.
- F2Excludes 135,938 limited partnership units ("OP units") in Hannon Armstrong Sustainable Infrastructure, L.P., the Issuer's operating partnership subsidiary (the "Partnership"), of which the Issuer is the general partner, held by the reporting person, which are redeemable for cash or at the option of the Issuer for shares of Common Stock of the Issuer on a one-for-one basis. Concurrently with the closing of the Issuer's initial public offering on April 23, 2013, 129,524 OP units were issued to the Reporting Person pursuant to the terms of the partnership agreement of the Partnership upon conversion of the reporting person's existing limited partnership interest in the Partnership. As part of the same transaction, but 30 days after the initial issuance, an additional 6,414 OP units were issued to the reporting person.
- F3On March 17, 2015, the reporting person was granted 39,570 shares of restricted Common Stock that were issued pursuant to the Plan. The shares will vest upon the later of (i) December 31, 2017 and (ii) the achievement of certain dividend growth targets. The grant is being reported here for informational purposes only.