Richard Craig Bealmear - May 9, 2024 Form 4 Insider Report for AltC Acquisition Corp. (OKLO)

Role
Chief Financial Officer
Signature
/s/ Richard Craig Bealmear
Stock symbol
OKLO
Transactions as of
May 9, 2024
Transactions value $
$0
Form type
4
Date filed
5/13/2024, 04:38 PM
Previous filing
Jun 14, 2022
Next filing
Jul 12, 2024

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 OKLO Stock Option Award +1.33M 1.33M May 9, 2024 Class A Common Stock 1.33M $3.18 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents securities received as part of the Issuer's business combination, in connection with that certain Agreement and Plan of Merger and Reorganization, dated as of July 11, 2023 (the "Merger Agreement"), by and between the Issuer (formerly AltC Acquisition Corp.), AltC Merger Sub, Inc., and Oklo Inc. ("Legacy Oklo") pursuant to which each Legacy Oklo stock option was automatically converted into the right to receive stock options of the Issuer with the same terms and conditions.
F2 The stock option vests as to 20% of the underlying shares on August 1, 2024 and thereafter in 48 substantially equal monthly installments.