Filing Details
- Accession Number:
- 0001104659-23-041542
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-04-04 16:31:02
- Reporting Period:
- 2023-03-31
- Accepted Time:
- 2023-04-04 16:31:02
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1567683 | Clearway Energy Inc. | CWEN | Electric Services (4911) | 461777204 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1747185 | Global Infrastructure Gp Iii, L.p. | 1345 Avenue Of The Americas 30Th Floor New York NY 10105 | Yes | No | Yes | No | |
1747194 | Global Infrastructure Investors Iii, Llc | 1345 Avenue Of The Americas 30Th Floor New York NY 10105 | Yes | No | Yes | No | |
1750994 | Clearway Energy Group Llc | 1345 Avenue Of The Americas 30Th Floor New York NY 10105 | Yes | No | Yes | No | |
1752556 | L.p. Partners Acquisition Zephyr Iii Gip | 1345 Avenue Of The Americas 30Th Floor New York NY 10105 | Yes | No | Yes | No | |
1942977 | Zephyr Holdings Gp, Llc | 1345 Avenue Of The Americas 30Th Floor New York NY 10105 | Yes | No | Yes | No | |
1945888 | Gip Iii Zephyr Midco Holdings, L.p. | 1345 Avenue Of The Americas 30Th Floor New York NY 10105 | Yes | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class C Common Stock | Acquisiton | 2023-03-31 | 71,980 | $31.15 | 172,601 | No | 4 | P | Indirect | See footnotes |
Class C Common Stock | Acquisiton | 2023-04-01 | 64,573 | $31.33 | 237,174 | No | 4 | J | Indirect | See footnotes |
Class C Common Stock | Disposition | 2023-04-01 | 184,091 | $31.33 | 53,083 | No | 4 | J | Indirect | See footnotes |
Class C Common Stock | Acquisiton | 2023-04-03 | 3,875 | $0.00 | 56,958 | No | 4 | J | Indirect | See footnotes |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | See footnotes |
No | 4 | J | Indirect | See footnotes |
No | 4 | J | Indirect | See footnotes |
No | 4 | J | Indirect | See footnotes |
Footnotes
- The price reported in Column 4 is a weighted average price. These units were purchased by Clearway Energy Group LLC ("Clearway Energy Group") in multiple transactions at prices ranging from $30.96 to $31.40. The Reporting Persons undertake to provide Clearway Energy, Inc., any security holder of Clearway Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of units purchased at each separate price within the ranges set forth in this footnote. The Reporting Persons have agreed to voluntarily disgorge any profits deemed realized from such transactions to the Issuer.
- Reflects the withholding of shares to satisfy tax withholding obligations in connection with the vesting of restricted stock of the Issuer previously granted by Clearway Energy Group under its Long Term Equity Incentive Program to certain of its employees. The Reporting Persons have agreed to voluntarily disgorge any profits deemed realized from such transactions to the Issuer.
- Reflects grant of shares of restricted stock of the Issuer granted by Clearway Energy Group under its Long Term Equity Incentive Program to one or more of its employees. The Reporting Persons have agreed to voluntarily disgorge any profits deemed realized from such transactions to the Issuer.
- Reflects the forfeiture of shares of restricted stock of the Issuer previously granted by Clearway Energy Group under its Long Term Equity Incentive Program to one or more of its employees.
- Reflects securities held directly by Clearway Energy Group. Zephyr Holdings GP, LLC ("Zephyr GP") is the general partner of GIP III Zephyr Acquisition Partners, L.P. ("Zephyr") which is the sole member of Clearway Energy Group. Zephyr GP is owned by GIP III Zephyr Midco Holdings, L.P. ("Midco") and TotalEnergies Renewables USA, LLC. Global Infrastructure Investors III, LLC ("Global Investors") is the sole general partner of Global Infrastructure GP III, L.P. ("Global GP"), which is the general partner of Midco. As a result, each of Zephyr GP, Zephyr, Midco, Global GP and Global Investors, may be deemed to share beneficial ownership of the securities owned by Clearway Energy Group.
- Adebayo Ogunlesi, Jonathan Bram, William Brilliant, Matthew Harris, Michael McGhee, Rajaram Rao, William Woodburn, Salim Samaha and Robert O'Brien, as the voting members of the Investment Committee of Global Investors, may be deemed to share beneficial ownership of the Issuer securities beneficially owned by Global Investors. Such individuals expressly disclaim any such beneficial ownership.
- Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the securities reported herein for purposes of Section 16 or for any other purpose.