Daniel R. Revers - Oct 17, 2023 Form 4 Insider Report for OPAL Fuels Inc. (OPAL)

Role
10%+ Owner
Signature
By: /s/ Daniel R. Revers
Stock symbol
OPAL
Transactions as of
Oct 17, 2023
Transactions value $
$0
Form type
4
Date filed
10/19/2023, 04:53 PM
Previous filing
Jun 12, 2023
Next filing
Oct 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPAL Class A Common Stock Sale -35.2K -2.67% 1.28M Oct 17, 2023 Direct F1
transaction OPAL Class A Common Stock Sale -35.2K -1.53% 2.27M Oct 17, 2023 See footnote F1, F2
transaction OPAL Class A Common Stock Sale -11.5K -2.88% 386K Oct 17, 2023 See footnotes F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price is a volume weighted average price ("VWAP"). The reported securities were sold in open market transactions at prices ranging from $7.50 to $8.00, inclusive. The reporting person undertakes to provide to the SEC, the Issuer or any stockholder of the Issuer, upon request, the relevant amount of shares sold to the market at each price within the ranges set forth in this footnote.
F2 The reported 2,273,097 shares of Class A common stock are held directly by ArcLight CTC Holdings II, L.P., a Delaware limited partnership (the "Sponsor"). Mr. Revers has voting and investment discretion with respect to the securities held by the Sponsor, and thus may be deemed to have beneficial ownership of such securities. Mr. Revers expressly disclaims any such beneficial ownership of such securities, except to the extent of his individual pecuniary interest therein.
F3 9,008 of the reported securities were sold by ACHP B, L.P. a Delaware limited partnership ("ACHP B") and 2,458 of the reported securities were sold by ACTC Holdings GP II, LLC, ("ACTC GP"), the general partner of the Sponsor. After giving effect to such transactions, the reported securities consist of (i) 322,227 shares of Class A common stock held directly by ACHP B and (ii) 67,114 shares of Class A common stock held directly by ACTC GP. Mr. Revers has voting and investment discretion with respect to the securities held directly by ACHP B and ACTC GP, and thus may be deemed to have beneficial ownership of such securities. Mr. Revers expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.