0001561894-21-000089.txt : 20210518
0001561894-21-000089.hdr.sgml : 20210518
20210518162301
ACCESSION NUMBER: 0001561894-21-000089
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210515
FILED AS OF DATE: 20210518
DATE AS OF CHANGE: 20210518
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Eckel Jeffrey
CENTRAL INDEX KEY: 0001574200
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35877
FILM NUMBER: 21936275
MAIL ADDRESS:
STREET 1: 1906 TOWNE CENTRE BLVD.
STREET 2: SUITE 370
CITY: ANNAPOLIS
STATE: MD
ZIP: 21401
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Hannon Armstrong Sustainable Infrastructure Capital, Inc.
CENTRAL INDEX KEY: 0001561894
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 461347456
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1906 TOWNE CENTRE BLVD, SUITE 370
CITY: ANNAPOLIS
STATE: MD
ZIP: 21401
BUSINESS PHONE: (410) 571-9860
MAIL ADDRESS:
STREET 1: 1906 TOWNE CENTRE BLVD, SUITE 370
CITY: ANNAPOLIS
STATE: MD
ZIP: 21401
4
1
wf-form4_162136927115255.xml
FORM 4
X0306
4
2021-05-15
0
0001561894
Hannon Armstrong Sustainable Infrastructure Capital, Inc.
HASI
0001574200
Eckel Jeffrey
1906 TOWNE CENTRE BLVD. SUITE 370
ANNAPOLIS
MD
21401
1
1
0
0
President and CEO
Common stock, par value $0.01 per share
2021-05-15
4
F
0
14537
48.30
D
107113
D
Common stock, par value $0.01 per share
581087
I
By Jeffrey W. Eckel Revocable Trust
Common stock, par value $0.01 per share
94327
I
By Chesapeake Power LLC
Common stock, par value $0.01 per share
45220
I
By Chesapeake Power Foundation
Common stock, par value $0.01 per share
37000
I
By spouse
Common stock, par value $0.01 per share
2536
I
By grandson
LTIP Units
Common stock, par value $0.01 per share
508026.0
508026
I
By HASI Management HoldCo LLC
Consists of shares of Common Stock withheld by the issuer, with approval of the issuer's Board of Directors, in order to satisfy the tax withholding obligation of the reporting person in connection with the vesting of 30,096 shares of Common Stock.
Represents the closing price of the Common Stock on May 14, 2021, the first trading day on or prior to the vesting date.
These shares are held by the Jeffrey W. Eckel Revocable Trust, of which Jeffrey W. Eckel is the sole trustee and beneficiary.
These shares are held by Chesapeake Power, LLC, of which Jeffrey W. Eckel is the sole member.
These shares are held by the Chesapeake Power Foundation, the activities of which Jeffrey W. Eckel has the sole ability to direct.
These shares are held by the reporting person's spouse. The reporting person disclaims ownership other than to the extent of his pecuniary interest.
The reporting person acts as custodian for his grandson under the Uniform Gifts to Minors Act. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
508,026 units of limited partner interest ("OP Units") in Hannon Armstrong Sustainable Infrastructure, LP (the "Partnership") are issuable upon the vesting and conversion of 508,026 long-term incentive plan units ("LTIP Units") in the Partnership. The LTIP Units were granted to the Reporting Person under the Issuer's 2013 Equity Incentive Plan, as amended.
Vested LTIP Units, after achieving parity with OP Units (as described in the Partnership's Amended and Restated Agreement of Limited Partnership (the "Partnership Agreement")), are eligible to be converted into OP Units on a one-for-one basis upon the satisfaction of conditions set forth in the Partnership Agreement. Upon conversion of LTIP Units into OP Units, the Reporting Person will have the right to cause the Partnership to redeem a portion of the Reporting Person's OP Units for cash in an amount equal to the market value (as defined in the Partnership Agreement) of an equivalent number of shares of common stock, par value $0.01 per share, of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (the "Issuer"), or at the Issuer's option, shares of the Issuer's common stock on a one-for-one basis, subject to certain adjustments.
N/A
These LTIP Units are held by HASI Management HoldCo LLC ("HoldCo LLC"). The Reporting Person is a member of HoldCo LLC. The LTIP Units reported represent only the number of LTIP Units in which the Reporting Person has a pecuniary interest in accordance with his proportionate interest in HoldCo LLC. The Reporting Person is voluntarily reporting his proportionate interest in HoldCo LLC's ownership of LTIP Units. The Reporting Person disclaims beneficial ownership other than to the extent of his pecuniary interest.
/s/ Jeffrey Eckel
2021-05-18