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OPAL Fuels Inc. — Director's Dealing 2022
Jul 26, 2022
33027_dirs_2022-07-25_fbdea85c-a1ac-4479-b603-1da7116f0798.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: Lee Ja-Chin (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 Ja-Chin Audrey Lee'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.