InsiderTrades

Form 4 for VGAS Verde Clean Fuels, Inc.

Accepted 2024-04-10 00:00:00 ET · period of report 2023-02-15 · accession 0001213900-24-031967 · 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 2024-04-10 2024-03-21 VGAS Porter J Russell 10% J - Other — +2,833 22.7K +14% —
DI 2024-04-10 2024-02-15 VGAS Porter J Russell 10% X - OptEx $10.00 +41.0K 3.28M +1% +$409.6K
DI 2024-04-10 2024-03-21 VGAS Porter J Russell 10% J - Other — -41.0K 3.23M -1% —
DI 2024-04-10 2024-02-15 VGAS Porter J Russell 10% X - OptEx $0.00 -1 0 -100% $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Class A Common Stock 2024-03-21 J A 2,833 — 22,683 D — — (F3) On March 21, 2024, the Sponsor effectuated a pro rata distribution of 40,961 shares of Class A Common Stock previously held by the Sponsor to its members, of which 2,833 were transferred to the Reporting Person.
2 Common Class A Common Stock 2024-02-15 X A 40,961 $10.00 3,275,336 I See footnote — — (F2) The Sponsor is the record holder of the securities reported herein. J. Russell Porter is the sole member of the board of managers of the Sponsor. Mr. Porter may be deemed to have or share beneficial ownership of the securities held directly by the Sponsor and disclaims any such beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
3 Common Class A Common Stock 2024-03-21 J D 40,961 — 3,234,375 I See footnote — — (F3) On March 21, 2024, the Sponsor effectuated a pro rata distribution of 40,961 shares of Class A Common Stock previously held by the Sponsor to its members, of which 2,833 were transferred to the Reporting Person. (F2) The Sponsor is the record holder of the securities reported herein. J. Russell Porter is the sole member of the board of managers of the Sponsor. Mr. Porter may be deemed to have or share beneficial ownership of the securities held directly by the Sponsor and disclaims any such beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
4 Derivative Put Option (obligation to buy) 2024-02-15 X D 1 $0.00 0 I See footnote $10.00 · — to 2024-02-15 40,961 Class A Common Stock (F1) On February 15, 2023, the Issuer issued a non-interest bearing promissory note to CENAQ Sponsor LLC (the "Sponsor") in the principal amount of $409,612 (the "Note"). The Note may be prepaid at any time and was due and payable on or before February 15, 2024 at the Issuer's election in cash or shares of Class A common stock, par value $0.0001 per share (the "Class A Common Stock"), at a conversion price of $10.00 per share. On February 15, 2024, the Issuer issued to the Sponsor 40,961 shares of Class A Common Stock upon the Issuer's election to repay the Note in shares of Class A Common Stock at a conversion price of $10.00 per share. (F2) The Sponsor is the record holder of the securities reported herein. J. Russell Porter is the sole member of the board of managers of the Sponsor. Mr. Porter may be deemed to have or share beneficial ownership of the securities held directly by the Sponsor and disclaims any such beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.