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Excelerate Energy, Inc. — Director's Dealing 2022
Apr 18, 2022
31423_dirs_2022-04-18_660ebf9e-f34b-4714-bd59-44d6acd30607.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Excelerate Energy, Inc. (EE)
CIK: 0001888447
Period of Report: 2022-04-18
Reporting Person: Excelerate Energy Holdings, LLC (N/A)
Reporting Person: Excelerate Holdings, LLC (N/A)
Reporting Person: KAISER GEORGE B (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-04-18 | Common Stock | J | 1000 | $0.01 | Disposed | 0 | Direct |
| 2022-04-18 | Class B Common Stock | J | 82021389 | — | Acquired | 82021389 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-04-18 | Class B Interests | $ | J | 82021389 | Acquired | Class A Common Stock (82021389) | Direct |
Footnotes
F1: In connection with the Issuer's initial public offering, the Issuer, Excelerate Energy Holdings, LLC ("EE Holdings") and Excelerate Energy Limited Partnership ("EELP") participated in a reorganization (the "Reorganization") pursuant to which the securities of the Issuer held by EE Holdings were repurchased by the Issuer.
F2: Represents shares held by EE Holdings.
F3: EE Holdings is owned 49.5% by Excelerate Holdings, LLC, an Oklahoma limited liability company ("Excelerate Holdings"), and 50.5% by George B. Kaiser. Excelerate Holdings is controlled by Mr. Kaiser, and he receives all of the pecuniary interest in Excelerate Holdings.
F4: In connection with the Reorganization, EE Holdings received 82,021,389 shares of Class B common stock of the Issuer and 82,021,389 Class B interests of EELP for no additional consideration. The shares of Class B common stock do not have any economic rights in the Issuer.
F5: Pursuant to the EELP Amended and Restated Limited Partnership Agreement entered into in connection with the Reorganization, the Class B interests of EELP are exchangeable, on a one-for-one basis, for shares of Class A common stock of the Issuer. Upon exchange of a Class B interest, the corresponding share of Class B common stock will be automatically canceled.