HASI Co-CIO reports initial share and LTIP holdings
HA Sustainable Infrastructure Capital, Inc. executive Amanuel Haile-Mariam, Co-Chief Investment Officer, reported his initial ownership on a Form 3.
Rhea-AI Filing Summary
HA Sustainable Infrastructure Capital, Inc. executive Amanuel Haile-Mariam, Co-Chief Investment Officer, reported his initial ownership on a Form 3. He holds 6,496 shares of common stock directly. He also has an indirect pecuniary interest in 82,901 LTIP Units held by HASI Management HoldCo LLC.
These LTIP Units relate to units in the company’s operating partnership and were granted under the 2013 and 2022 equity incentive plans. Once vested and converted, they can become OP Units, which may then be redeemed for cash or, at the issuer’s option, an equivalent number of common shares, subject to conditions in the partnership agreement.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Haile-Mariam Amanuel
Role
Co-Chief Investment Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | LTIP Units | -- | -- | -- |
| holding | Common stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
LTIP Units — 82,901 contracts (Indirect, By HASI Management HoldCo LLC);
Common stock, par value $0.01 per share — 6,496 shares (Direct)
Footnotes (4)
- F1. 82,901 units of limited partner interest ("OP Units") in Hannon Armstrong Sustainable Infrastructure, LP (the "Partnership") are issuable upon the vesting and conversion of 82,901 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, and the Issuer's 2022 Equity Incentive Plan.
- F2. 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 HA 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.
- F3. N/A
- F4. 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 their proportionate interest in HoldCo LLC. The Reporting Person is voluntarily reporting their proportionate interest in HoldCo LLC's ownership of LTIP Units. The Reporting Person disclaims beneficial ownership other than to the extent of their pecuniary interest.
Key Figures
Direct common shares: 6,496 shares
Indirect LTIP Units: 82,901 units
Underlying common stock: 82,901 shares
+1 more
4 metrics
Direct common shares
6,496 shares
Common stock, par value $0.01 per share, direct ownership
Indirect LTIP Units
82,901 units
LTIP Units held by HASI Management HoldCo LLC with pecuniary interest
Underlying common stock
82,901 shares
Common stock underlying LTIP Units on one-for-one basis upon conversion
Exercise price of LTIP Units
$0.0000 per unit
Conversion or exercise price of LTIP Units as disclosed
Key Terms
LTIP Units, OP Units, pecuniary interest, Equity Incentive Plan, +1 more
5 terms
LTIP Units financial
"82,901 long-term incentive plan units ("LTIP Units") in the Partnership."
LTIP units are awards given to executives and employees as part of a long-term incentive plan; they act like deferred bonuses that convert into company shares or cash only if the business meets set performance or time requirements. Investors care because LTIP units tie management pay to future results, can increase the number of outstanding shares (dilution) when they vest, and create ongoing compensation expense that can affect earnings and shareholder value.
OP Units financial
"82,901 units of limited partner interest ("OP Units") in Hannon Armstrong Sustainable Infrastructure, LP"
OP units are ownership stakes in an operating partnership that sits beneath a public parent company, commonly used by real estate and energy firms to hold assets and distributions. Think of them like special shares in a subsidiary: they give economic rights to profits and cash payouts but are structured differently from the parent’s common stock, so investors watch OP unit issuance because it can change the effective ownership, future distributions, and potential dilution of the parent company’s equity.
pecuniary interest financial
"represent only the number of LTIP Units in which the Reporting Person has a pecuniary interest"
Equity Incentive Plan financial
"granted to the Reporting Person under the Issuer's 2013 Equity Incentive Plan, as amended, and the Issuer's 2022 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Amended and Restated Agreement of Limited Partnership financial
"as described in the Partnership's Amended and Restated Agreement of Limited Partnership (the "Partnership Agreement")"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Amanuel Haile-Mariam report in his HASI Form 3 filing?
He reported initial ownership of 6,496 shares of common stock directly and an indirect pecuniary interest in 82,901 LTIP Units held through HASI Management HoldCo LLC, reflecting his equity-based alignment with HA Sustainable Infrastructure Capital, Inc.
What are the 82,901 LTIP Units reported by Amanuel Haile-Mariam for HASI?
The 82,901 LTIP Units are long-term incentive plan units in the operating partnership, held by HASI Management HoldCo LLC. They are granted under HASI’s 2013 and 2022 equity incentive plans and can vest and convert into OP Units subject to plan and partnership agreement conditions.
Can Amanuel Haile-Mariam’s LTIP Units at HASI be converted into common stock?
Vested LTIP Units may convert into OP Units on a one-for-one basis, after achieving parity and meeting conditions. Those OP Units can then be redeemed for cash equal to common stock value or, at the issuer’s option, for an equivalent number of HASI common shares.
How does HASI Management HoldCo LLC factor into Amanuel Haile-Mariam’s ownership?
The LTIP Units are held by HASI Management HoldCo LLC, of which he is a member. The reported 82,901 LTIP Units reflect only the portion in which he has a pecuniary interest, and he disclaims beneficial ownership beyond that economic interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
