InsiderTrades

Form 4 for AIRJ AirJoule Technologies Corp.

Accepted 2024-03-19 00:00:00 ET · period of report 2024-03-14 · accession 0001213900-24-023702 · 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
DMI 2024-03-19 2024-03-14 AIRJ EILERS PATRICK C Dir, 10% A - Grant $8.50 +6.95M 6.29M New +$59.08M
DI 2024-03-19 2024-03-14 AIRJ EILERS PATRICK C Dir, 10% J - Other $0.00 -2.97M 3.32M -47% $0
DI 2024-03-19 2024-03-14 AIRJ EILERS PATRICK C Dir, 10% M - OptEx — +6.83M 6.83M New —
DI 2024-03-19 2024-03-14 AIRJ EILERS PATRICK C Dir, 10% M - OptEx — -6.83M 0 -100% —
DI 2024-03-19 2024-03-14 AIRJ EILERS PATRICK C Dir, 10% J - Other — -269.5K 6.83M -4% —

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Class A Common Stock 2024-03-14 A A 658,252 — 3,980,310 I By TEP Montana, LLC — — (F5) Represents securities received as part of the Issuer's business combination, in connection with that certain Agreement and Plan of Merger, dated as of June 5, 2023 (the "Merger Agreement"), by and between the Issuer (formerly, Power & Digital Infrastructure Acquisition II Corp.), XPDB Merger Sub, LLC and Montana Technologies LLC ("Legacy Montana"), pursuant to which the common units of Legacy Montana automatically converted into newly issued shares of Class A Common Stock. (F3) The reporting person is the managing partner of the managing member of TEP Montana, LLC. As a result, he may be deemed to share beneficial ownership over the securities held by TEP Montana, LLC, but disclaims beneficial ownership of these securities, except to the extent, if any, of his pecuniary interest therein.
2 Common Class A Common Stock 2024-03-14 J D 2,970,589 $0.00 3,322,058 I By TEP Montana, LLC — — (F3) The reporting person is the managing partner of the managing member of TEP Montana, LLC. As a result, he may be deemed to share beneficial ownership over the securities held by TEP Montana, LLC, but disclaims beneficial ownership of these securities, except to the extent, if any, of his pecuniary interest therein.
3 Common Class A Common Stock 2024-03-14 A A 6,292,647 $8.50 6,292,647 I By TEP Montana, LLC — — (F3) The reporting person is the managing partner of the managing member of TEP Montana, LLC. As a result, he may be deemed to share beneficial ownership over the securities held by TEP Montana, LLC, but disclaims beneficial ownership of these securities, except to the extent, if any, of his pecuniary interest therein.
4 Common Class A Common Stock 2024-03-14 M A 6,827,969 — 6,827,969 I By XPDI Sponsor II LLC — — (F1) Upon the completion of the Business Combination, the shares of Class B Common Stock issued at the Issuer's (formerly, Power & Digital Infrastructure Acquisition II Corp.) initial public offering were automatically converted into shares of the Issuer's Class A Common Stock on a one-to-one basis. (F2) XPDI Sponsor II LLC (the "Sponsor") is controlled by its managing members, Transition Equity Partners, LLC ("TEP") and XMS XPDI Sponsor II Holdings, LLC ("XMS XPDI Holdings"). Patrick C. Eilers and Theodore J. Brombach are the managing members of TEP and XMS XPDI Holdings, respectively. Accordingly, all of the shares held by the Sponsor may be deemed to be beneficially held by each of the foregoing individuals and entities. Each such person disclaims beneficial ownership of these securities, except to the extent, if any, of their pecuniary interest therein.
5 Derivative Class B Common Stock 2024-03-14 M D 6,827,969 — 0 I By XPDI Sponsor II LLC — · — to — 6,827,969 Class A Common Stock (F1) Upon the completion of the Business Combination, the shares of Class B Common Stock issued at the Issuer's (formerly, Power & Digital Infrastructure Acquisition II Corp.) initial public offering were automatically converted into shares of the Issuer's Class A Common Stock on a one-to-one basis. (F2) XPDI Sponsor II LLC (the "Sponsor") is controlled by its managing members, Transition Equity Partners, LLC ("TEP") and XMS XPDI Sponsor II Holdings, LLC ("XMS XPDI Holdings"). Patrick C. Eilers and Theodore J. Brombach are the managing members of TEP and XMS XPDI Holdings, respectively. Accordingly, all of the shares held by the Sponsor may be deemed to be beneficially held by each of the foregoing individuals and entities. Each such person disclaims beneficial ownership of these securities, except to the extent, if any, of their pecuniary interest therein.
6 Derivative Class B Common Stock 2024-03-14 J D 269,531 — 6,827,969 I By XPDI Sponsor II LLC — · — to — 269,531 Class A Common Stock (F1) Upon the completion of the Business Combination, the shares of Class B Common Stock issued at the Issuer's (formerly, Power & Digital Infrastructure Acquisition II Corp.) initial public offering were automatically converted into shares of the Issuer's Class A Common Stock on a one-to-one basis. (F2) XPDI Sponsor II LLC (the "Sponsor") is controlled by its managing members, Transition Equity Partners, LLC ("TEP") and XMS XPDI Sponsor II Holdings, LLC ("XMS XPDI Holdings"). Patrick C. Eilers and Theodore J. Brombach are the managing members of TEP and XMS XPDI Holdings, respectively. Accordingly, all of the shares held by the Sponsor may be deemed to be beneficially held by each of the foregoing individuals and entities. Each such person disclaims beneficial ownership of these securities, except to the extent, if any, of their pecuniary interest therein.