Craig Perry - May 30, 2023 Form 4 Insider Report for ALPINE SUMMIT ENERGY PARTNERS, INC. (ALPSQ)

Role
Chairman & CEO, Director, 10%+ Owner
Signature
/s/ Reagan Brown as attorney-in-fact for Craig Perry
Stock symbol
ALPSQ
Transactions as of
May 30, 2023
Transactions value $
$0
Form type
4
Date filed
6/1/2023, 07:50 PM
Previous filing
Dec 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALPSQ Class A Subordinate Voting Shares Options Exercise +517K +321.56% 678K May 30, 2023 Direct F1
transaction ALPSQ Class A Subordinate Voting Shares Options Exercise +14.9M 14.9M May 30, 2023 Held by HB2 Energy, Inc. F1, F2
transaction ALPSQ Class A Subordinate Voting Shares Options Exercise +15.9K +0.11% 14.9M May 30, 2023 Held by HB2 Energy, Inc. F2, F3
holding ALPSQ Class A Subordinate Voting Shares 750K May 30, 2023 Held by The Vila Monte Irrevocable Trust F4

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 ALPSQ Class B Non-Voting Units Options Exercise $0 -517K -100% $0.00* 0 May 30, 2023 Class A Subordinate Voting Shares 517K Direct F1
transaction ALPSQ Class B Non-Voting Units Options Exercise $0 -14.9M -96.47% $0.00 546K May 30, 2023 Class A Subordinate Voting Shares 14.9M Held by HB2 Energy, Inc. F1, F2
transaction ALPSQ Class C Proportionate Voting Shares Options Exercise $0 -15.9K -100% $0.00* 0 May 30, 2023 Class A Subordinate Voting Shares 15.9K Held by HB2 Energy, Inc. F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Class B non-voting units of HB2 Origination, LLC, which are exchangeable at the option of the reporting person for Class A subordinate voting shares of the Issuer on a one-for-one basis.
F2 The reporting person is the 100% owner of HB2 Energy, Inc.
F3 Represents Class C proportionate voting shares. Each Class C proportionate voting share entitles the holder to vote the equivalent of 1,000 Class A subordinate voting shares and automatically convert into Class A subordinate voting shares of the Issuer on a 1:1 basis upon the occurrence of certain events. The Class C proportionate voting shares are not convertible at the election of the holder and may only be transferred with the consent of the board of directors.
F4 The reporting person's spouse is the trustee and a beneficiary of The Vila Monte Irrevocable Trust.