Form 4 for OPAL OPAL Fuels Inc.
Accepted 2022-07-25 00:00:00 ET · period of report 2022-07-21 · accession 0001213900-22-041415 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-07-25 | 2022-07-21 | OPAL | Lee Ja-Chin | Former Dir | A - Grant | — | +35.0K | 35.0K | New | — |
| D | 2022-07-25 | 2022-07-21 | OPAL | Lee Ja-Chin | Former Dir | D - Sale to Iss | — | -35.0K | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-07-21 | A | A | 35,000 | — | 35,000 | D | — | — | (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. |
| 2 | Derivative | Class B Ordinary Shares | 2022-07-21 | D | D | 35,000 | — | 0 | D | — · — to — | 35,000 Class A Common Stock | (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. |