Patrick C. Eilers - Jul 24, 2024 Form 4 Insider Report for Montana Technologies Corp. (AIRJ)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Chad W. MacDonald, Attorney-in-fact
Stock symbol
AIRJ
Transactions as of
Jul 24, 2024
Transactions value $
$0
Form type
4
Date filed
7/26/2024, 09:49 PM
Previous filing
Jun 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRJ Class A Common Stock Other $0 -3.98M -100% $0.00* 0 Jul 24, 2024 By TEP Montana, LLC F1, F2
holding AIRJ Class A Common Stock 1.65M Jul 24, 2024 Direct F3
holding AIRJ Class A Common Stock 6.83M Jul 24, 2024 By XPDI Sponsor II LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a pro-rata distribution in-kind by TEP Montana, LLC to its members for no consideration.
F2 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.
F3 Reflects shares of Class A Common Stock received in a pro-rata distribution in-kind exempt from reporting pursuant to Rule 16a-9.
F4 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 is the managing member of TEP, and Theodore J. Brombach and John Yogi Spence are the managing members of XMS XPDI Holdings. 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.