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OPAL Fuels Inc. — Director's Dealing 2022
Jul 26, 2022
33027_dirs_2022-07-25_280a2cd9-b281-4980-b59f-e5abc4e8c92d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: OPAL Fuels Inc. (OPAL)
CIK: 0001842279
Period of Report: 2022-07-21
Reporting Person: Goncher Brian (Former Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-07-21 | Class A Common Stock | A | 35000 | — | Acquired | 35000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-07-21 | Class B Ordinary Shares | $ | D | 35000 | Disposed | Class A Common Stock (35000) | Direct |
Footnotes
F1: Pursuant to the Business Combination Agreement (as amended), dated December 2, 2021, by and among ArcLight Clean Transition Corp. II, a Cayman Islands exempted company (the "Company"), OPAL Fuels LLC, a Delaware limited liability company ("OPAL Fuels"), and OPAL HoldCo LLC, a Delaware limited liability company ("OPAL HoldCo"), the parties effected a business combination transaction ("Business Combination"), on July 21, 2022. In connection with the Business Combination, the Company domesticated as a Delaware corporation (the "Domestication") and changed its name to "OPAL Fuels Inc." ("New OPAL"). In connection with the consummation of the Business Combination and the Domestication, 35,000 of Brian Goncher's Class B ordinary shares, par value $0.0001, of the Company, which were previously convertible into Class A ordinary shares, par value $0.0001, of the Company converted into shares of Class A common stock, par value $0.0001, of New OPAL in connection with the closing of the Business Combination.