Larry L. Helm - Oct 22, 2021 Form 4 Insider Report for ESGEN Acquisition Corp (ESAC)

Role: Director
Signature: /s/ Andrejka Bernatova, as attorney-in-fact
Stock symbol: ESAC
Transactions as of: Oct 22, 2021
Transactions value $: $0
Form type: 4
Date filed: 10/22/2021, 04:20 PM
Previous filing: Oct 19, 2021
Next filing: Apr 21, 2022

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	ESAC	Class B Ordinary Shares	Other		+23K	+20%		138K	Oct 22, 2021	Class A ordinary shares	23K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As described in the issuer's registration statement on Form S-1 (File No. 333-259836) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
F2	The Class B ordinary shares were automatically acquired pursuant to a dividend capitalization as a result of the upsizing of the Issuer's initial public offering. No additional consideration for the Class B ordinary shares is required.

Content

As described in the issuer's registration statement on Form S-1 (File No. 333-259836) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.

The Class B ordinary shares were automatically acquired pursuant to a dividend capitalization as a result of the upsizing of the Issuer's initial public offering. No additional consideration for the Class B ordinary shares is required.