Altus Power Inc.

04/18/2024 | Press release | Distributed by Public on 04/18/2024 14:16

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
CBRE Acquisition Sponsor, LLC
2. Issuer Name and Ticker or Trading Symbol
Altus Power, Inc. [AMPS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O CBRE GROUP, INC. , 2100 MCKINNEY AVENUE SUITE 1250
3. Date of Earliest Transaction (Month/Day/Year)
(Street)
DALLAS TX 75201
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Join/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code 4. Securities Acquired (A) or Disposed of (D) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 6. Ownership Form: Direct (D) or Indirect (I) 7. Nature of Indirect Beneficial Ownership
Code V Amount (A) or (D) Price
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code 5. Number of Derivative Securities Acquired (A) or Disposed of (D) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security 8. Price of Derivative Security 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 11. Nature of Indirect Beneficial Ownership
Code V (A) (D) Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CBRE Acquisition Sponsor, LLC
C/O CBRE GROUP, INC.
2100 MCKINNEY AVENUE SUITE 1250
DALLAS, TX75201



CBRE SERVICES, INC.
C/O CBRE GROUP, INC.
2100 MCKINNEY AVENUE SUITE 1250
DALLAS, TX75201



CBRE GROUP, INC.
2100 MCKINNEY AVENUE SUITE 1250

DALLAS, TX75201



Signatures

CBRE ACQUISITION SPONSOR, LLC, By: /s/ Emma E. Giamartino, Name: Emma E. Giamartino, Title: Chief Financial Officer 2024-04-18
**Signature of Reporting Person Date
CBRE SERVICES, INC., By: /s/ Emma E. Giamartino, Name: Emma E. Giamartino, Title: Chief Financial Officer 2024-04-18
**Signature of Reporting Person Date
CBRE GROUP, INC., By: /s/ Emma E. Giamartino, Name: Emma E. Giamartino, Title: Chief Financial Officer 2024-04-18
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents an assignment of Restricted Stock Units ("RSUs") from Robert Bernard, a director of Altus Power, Inc. (the "Issuer") to CBRE Acquisition Sponsor, LLC ("CBRE Sponsor"). Mr. Bernard is Chief Sustainability Officer of an affiliate of CBRE Sponsor and has assigned all director compensation earned from the Issuer to CBRE Sponsor.
(2) Each RSU represents the right to receive one share of Class A common stock, par value $0.0001 per share, of the Issuer". The RSUs vest 50% on February 28, 2025 and 50% on February 28, 2026, subject to Robert Bernard's continued service to the Issuer through such date.
(3) Represents securities directly held by CBRE Sponsor. The sole member of CBRE Sponsor is CBRE Services, Inc., which is a wholly-owned subsidiary of CBRE Group, Inc., a publicly traded company.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.