Jane Kearns - Feb 22, 2023 Form 4 Insider Report for Decarbonization Plus Acquisition Corp IV (DCRD)

Role
Director
Signature
Jane Kearns, /s/ Peter Haskopoulos, Attorney-in-fact
Stock symbol
DCRD
Transactions as of
Feb 22, 2023
Transactions value $
$0
Form type
4
Date filed
2/22/2023, 06:49 PM
Previous filing
Jan 18, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DCRD Class B Common Shares Disposed to Issuer -18.7K -100% 0 Feb 22, 2023 Class A Common Shares 18.7K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jane Kearns is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In connection with the closing of the business combination (the "Business Combination") between Decarbonization Plus Acquisition Corporation IV ("DCRD"), Hammerhead Resources Inc., an Alberta corporation ("Hammerhead"), Hammerhead Energy Inc., an Alberta corporation and wholly owned subsidiary of Hammerhead ("NewCo") and 2453729 Alberta ULC, an Alberta unlimited liability corporation and wholly owned subsidiary of DCRD, on February 21, 2023, DCRD transferred by way of continuation from the Cayman Islands to the Province of Alberta, Canada in accordance with the Cayman Islands Companies Act (as amended) and domesticated as an Alberta corporation in accordance with the applicable provisions of the Business Corporations Act (Alberta) (such transfer by way of continuation and domestication, the "Domestication"). Pursuant to the Domestication, each Class B ordinary share of DCRD was exchanged for one Class B common share of DCRD ("DCRD Class B Common Share").
F2 (Continued from footnote 1) Following the Domestication, on February 22, 2023, DCRD amalgamated with NewCo (the "SPAC Amalgamation") to form one corporate entity ("New SPAC") with NewCo surviving the SPAC Amalgamation as New SPAC. Pursuant to the SPAC Amalgamation, each DCRD Class B Common Share issued and outstanding immediately prior to the effective time of the SPAC Amalgamation was exchanged, on a one-for-one basis, for a Class B common share in the authorized share capital of New SPAC.