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Global Infrastructure GP III, L.P.'s Form 4 filing

Clearway Energy, Inc. (CWEN) · filed Apr 4, 2023

Accession no.
0001104659-23-041542
Filed
Apr 4, 2023, 4:31 PM ET
Trade date
Mar 31-Apr 3, 2023
Filing delay
4 days
Rule 10b5-1 plan
Not checked

This filing lists 4 non-derivative transactions. Open-market purchases total $2.24M. It was filed 4 days after the trade.

This filing was later replaced by the amendment 0001104659-23-049653 (Apr 25, 2023). Trade tables on this site use the amended version.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Global Infrastructure GP III, L.P.CIK 0001747185Director, 10% Owner
Global Infrastructure Investors III, LLCCIK 0001747194Director, 10% Owner
Clearway Energy Group LLCCIK 0001750994Director, 10% Owner
GIP III Zephyr Acquisition Partners L.P.CIK 0001752556Director, 10% Owner
Zephyr Holdings GP, LLCCIK 0001942977Director, 10% Owner
GIP III Zephyr Midco Holdings, L.P.CIK 0001945888Director, 10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Mar 31, 2023Class C Common StockPPurchaseAcquired+71,980$31.15F1+$2,242,349.75172,601Indirect
Apr 1, 2023Class C Common StockJOtherAcquired+64,573$31.33+$2,023,072.09237,174Indirect
Apr 1, 2023Class C Common StockJOtherDisposed−184,091$31.33−$5,767,571.0353,083Indirect
Apr 3, 2023Class C Common StockJOtherAcquired+3,875–F4–56,958Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

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.

Referenced by the price of 1 transaction in Table I.

F4

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.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)