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.