Richard Craig Bealmear - 09 May 2024 Form 4 Insider Report for AltC Acquisition Corp. (OKLO)

Role: Chief Financial Officer
Signature: /s/ Richard Craig Bealmear
Issuer symbol: OKLO
Transactions as of: 09 May 2024
Net transactions value: $0
Form type: 4
Filing time: 13 May 2024, 16:38:15 UTC
Previous filing: 14 Jun 2022
Next filing: 12 Jul 2024
SEC: View on sec.gov

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		+1,325,759			1,325,759	09 May 2024	Class A Common Stock	1,325,759	$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.

Content

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.

The stock option vests as to 20% of the underlying shares on August 1, 2024 and thereafter in 48 substantially equal monthly installments.