0001415889-23-014806.txt : 20231106
0001415889-23-014806.hdr.sgml : 20231106
20231106162036
ACCESSION NUMBER: 0001415889-23-014806
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231102
FILED AS OF DATE: 20231106
DATE AS OF CHANGE: 20231106
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Rubenstein Sarah
CENTRAL INDEX KEY: 0001829270
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36002
FILM NUMBER: 231380245
MAIL ADDRESS:
STREET 1: 300 CARNEGIE CENTER
STREET 2: SUITE 300
CITY: PRINCETON
STATE: NJ
ZIP: 08540
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Clearway Energy, Inc.
CENTRAL INDEX KEY: 0001567683
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911]
IRS NUMBER: 461777204
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 300 CARNEGIE CENTER, SUITE 300
CITY: PRINCETON
STATE: NJ
ZIP: 08540
BUSINESS PHONE: 609-608-1525
MAIL ADDRESS:
STREET 1: 300 CARNEGIE CENTER, SUITE 300
CITY: PRINCETON
STATE: NJ
ZIP: 08540
FORMER COMPANY:
FORMER CONFORMED NAME: NRG Yield, Inc.
DATE OF NAME CHANGE: 20130606
FORMER COMPANY:
FORMER CONFORMED NAME: NRG Yieldco, Inc.
DATE OF NAME CHANGE: 20130123
4
1
form4-11062023_091128.xml
X0508
4
2023-11-02
0001567683
Clearway Energy, Inc.
CWEN
0001829270
Rubenstein Sarah
300 CARNEGIE CENTER
SUITE 300
PRINCETON
NJ
08540
false
true
false
false
EVP AND CFO
0
Class C Common Stock, par value $.01 per share
2023-11-02
4
F
0
965
D
28631
D
On November 2, 2020, Ms. Rubenstein was issued 5,122 Restricted Stock Units ("RSUs") by Clearway Energy, Inc. (f/k/a NRG Yield, Inc.) under Clearway Energy Inc.'s Amended and Restated 2013 Equity Incentive Plan (the "LTIP"). These RSUs vest ratably over a three-year period beginning on the first anniversary of the date of the grant. Each RSU is equivalent in value to one share of Class C Common Stock of Clearway Energy Inc., par value $.01 per share. On November 2, 2023, 1,711 shares vested. Ms. Rubenstein elected to satisfy her tax obligation upon the exchange of common stock for RSUs having a value on the date of the exchange equal to the withholding obligation. This form reflects the surrender of 965 shares of Class C Common Stock to satisfy the grantee's tax withholding obligation.
In connection with the vesting of the RSUs described above, 248 DERs converted to Class C Common Stock, resulting in the reporting person holding 1,503 dividend equivalent rights that may only be settled in Class C Common Stock. Dividend equivalent rights accrue on the reporting person's restricted stock, which become exercisable proportionately with the restricted stock units to which they relate and may only be settled in Clearway Energy, Inc. Class C Common Stock. Each dividend equivalent right is the economic equivalent of one share of Clearway Energy, Inc. Class C Common Stock.
/s/ Kevin P. Malcarney, Attorney-in-Fact
2023-11-06