OPAL Fuels Inc. — Director's Dealing 2023

Oct 5, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OPAL Fuels Inc. (OPAL)
CIK: 0001842279
Period of Report: 2023-10-03

Reporting Person: Maurer Jonathan Gilbert (Co-Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-03	Class A common stock	M	75000	—	Acquired	90000	Direct
2023-10-03	Class A common stock	F	27037	$7.90	Disposed	62963	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-10-03	Restricted Stock Units	$	M	75000	Disposed		Class A common stock (75000)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive, at settlement, one share of Class A common stock. This transaction represents the settlement of restricted stock units in shares of Class A common stock on their scheduled vesting date.

F2: Represents the shares held by the Company to satisfy tax withholding requirements on vesting of restricted stock units. The total value of securities withheld was based on a price of $7.90 per share, the closing price of Class A common stock on October 3, 2023.

F3: 75,000 restricted stock units were awarded on October 4, 2022. This award vested in full on October 3, 2023. 107,605 restricted stock units were awarded on March 31, 2023 which are scheduled to vest in three equal tranches on March 31, 2024, March 31, 2025 and March 31, 2026 provided that the Reporting Person remains in continuous service on the vesting date.