SEC Form 4 · accession 0001561894-18-000052
HA Sustainable Infrastructure Capital, Inc. · HASI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Melko
Officer — Chief Accounting Officer
Period of report
Apr 4, 2018
Accepted (ET)
Apr 6, 2018 · 5:49 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 StockF1 | Apr 4, 2018 | A | 7,390 | $0.00 | A | 9,692 | D | |
| Common StockF2 | Apr 4, 2018 | A | 1,104 | $0.00 | A | 10,796 | D | |
| Common StockF3 | Apr 4, 2018 | A | 2,208 | $0.00 | A | 13,004 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 4, 2018, the reporting person was granted 2,390 and 5,000 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 May 15, 2019 and November 15, 2019, respectively.
- F2On April 4, 2018, the reporting person was granted 1,104 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 May 15, 2019, March 5, 2020 and March 5, 2021.
- F3On April 4, 2018, the reporting person was awarded up to a maximum of 2,208 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, 2021 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 2,208 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.