Michael Stuart Klein - 09 May 2024 Form 4/A Insider Report for Oklo Inc. (OKLO)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: OKLO
Reported as of: 09 May 2024
Net transaction value: $0
SEC form: 4/A
Accepted by SEC: 02 Jul 2024, 16:42:51 UTC
Original report date: 13 May 2024
Prior SEC filing: 08 May 2024
Next SEC filing: 22 Jul 2024
Source filing: View source filing
Reporting owner signature: See Exhibit 99.1 for signatures

Key filing fact

Michael Stuart Klein filed Form 4/A for Oklo Inc. (OKLO) on 02 Jul 2024.

Key facts

This page summarizes Michael Stuart Klein's Form 4/A filing for Oklo Inc. (OKLO).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 02 Jul 2024, 16:42.

Change

Previous filing in this sequence was filed on 08 May 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4/A disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OKLO transaction

Class A Common Stock, par value $0.0001 per share

Options Exercise

Transaction value
Shares: +12,500,000
Change %: +862%
Price
Shares after: 13,950,000
Date: 09 May 2024
Ownership: See Footnotes
Footnotes: F1, F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

OKLO transaction Derivative

Class B Common Stock, par value $0.0001 per share

Options Exercise

Transaction value
Shares: -12,500,000
Change %: -100%
Price
Shares after: 0
Date: 09 May 2024
Ownership: See Footnotes
Underlying class: Class A Common Stock, par value $0.0001 per share
Underlying amount: 12,500,000
Exercise price
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

This Form 4 is filed by the following Reporting Persons: Michael Stuart Klein, M. Klein Associates, Inc., and AltC Sponsor LLC (the "Sponsor"). Because of the relationships among the Reporting Persons, the Reporting Persons may be deemed to beneficially own the securities reported herein to the extent of their respective pecuniary interests.

Footnote F2

Upon the consummation of AltC Acquisition Corp.'s business combination with Oklo Inc. on May 9, 2024 (the "Business Combination"), each issued and outstanding share of Class B common stock of the Issuer (formerly, AltC Acquisition Corp.) automatically converted into one share of Class A common stock, par value $0.0001 per share, of the Issuer pursuant to the Issuer's certificate of incorporation in effect prior to the Business Combination.

Footnote F3

The reported shares of the Issuer are directly held by the Sponsor. Michael Klein is the controlling stockholder of M. Klein Associates, Inc., which is the managing member of the Sponsor. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 under the Securities Exchange Act of 1934, as amended, or otherwise, any of the Reporting Persons is the beneficial owner of any securities reported herein. The Reporting Persons disclaim beneficial ownership of any securities of the Issuer except to the extent of such Reporting Person's pecuniary interest therein.

SEC remarks

Exhibit 99.1 (Joint filer information) is incorporated by reference here. This amended and restated Form 4 (the "Amendment") is being filed solely to correct the number of shares of the Issuer's Class A common stock held by the Reporting Person following the Business Combination previously reported on the Form 4 filed on May 13, 2024 (the "Original Form 4"). The Original Form 4 incorrectly reported that 13,935,500 shares of Class A common stock were beneficially owned following the reported transaction, whereas, as reported in this Amendment, the Reporting Person held (and continues to hold) 13,950,000 shares of Class A common stock following the Business Combination. No other changes have been made in this Amendment and all other information previously reported in the Original Form 4, and restated in this Amendment, remains correct.