Daniel B. More - 01 Jun 2023 Form 4 Insider Report for Clearway Energy, Inc. (CWEN)

Role
Director
Signature
/s/ Kevin P. Malcarney, Attorney-in-Fact
Issuer symbol
CWEN
Transactions as of
01 Jun 2023
Net transactions value
$0
Form type
4
Filing time
05 Jun 2023, 16:52:44 UTC
Previous filing
28 Apr 2023
Next filing
06 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWEN Class C Common Stock, par value $.01 per share Award +4,646 +11% 46,043 01 Jun 2023 Direct F1, F2
transaction CWEN Class C Common Stock, par value $.01 per share Award +604 +1.3% 46,647 01 Jun 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 4,646 Deferred Stock Units issued to the Reporting Person by Clearway Energy, Inc. under Clearway Energy, Inc.'s Amended and Restated 2013 Equity Incentive Plan.
F2 Each Deferred Stock Unit is equivalent to one share of Clearway Energy, Inc.'s Class C Common Stock, par value $.01 per share. The reporting person will receive from Clearway Energy, Inc. one such share of Class C Common Stock for each Deferred Stock Unit he owns upon termination of his service on Clearway Energy, Inc.'s Board of Directors or change in ownership or effective control of Clearway Energy, Inc.
F3 Represents dividend equivalent rights accrued on the Reporting Person's Deferred Stock Units, which become exercisable proportionately with the Deferred Stock Units to which they relate and may only be settled in Class C Common Stock of Clearway Energy, Inc.
F4 Includes 5,475 dividend equivalent rights that may only be settled in Class C Common Stock.