| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LFG | Class A Common Stock | Award | $0 | +1.88K | $0.00 | 1.88K | Dec 29, 2021 | Direct | F1, F2, F3 | |
| transaction | LFG | Class A Common Stock | Other | $0 | -1.88K | -100% | $0.00* | 0 | Jan 1, 2022 | Direct | F1, F2, F3 |
| transaction | LFG | Class A Common Stock | Award | $0 | +6.84K | $0.00 | 6.84K | Jan 1, 2022 | Direct | F2, F3, F4 |
| Id | Content |
|---|---|
| F1 | Represents 1,877 restricted stock units granted to Scott Parkes, principal at Ares Management LLC, as a director of Archaea Energy Inc. (the "Issuer"). Each restricted stock unit represents the right to receive one share of the Issuer's Class A Common Stock, par value $0.0001 per share ("Class A Common Stock"), upon vesting. Vesting of the restricted stock units occurred on January 1, 2022, and 1,877 shares of Class A Common Stock were issued to Ares Management LLC. Such grant is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), in reliance on Rule 16b-3(d). |
| F2 | Ares Management LLC, on behalf of its affiliated funds, investment vehicles and/or managed accounts, designated Mr. Parkes to be appointed to the Issuer's board of directors on September 15, 2021. Pursuant to an agreement between Ares Management LLC and Mr. Parkes, Mr. Parkes has agreed to pay Ares Management LLC all of his director compensation, and has instructed the Issuer to pay all such compensation directly to Ares Management LLC. Accordingly, Ares Management LLC is the direct holder of the 1,877 shares of Class A Common Stock, which vested on January 1, 2022, and the 6,838 restricted stock units granted to Mr. Parkes on January 1, 2022. |
| F3 | Mr. Parkes expressly disclaims beneficial ownership of any equity securities of the Issuer, except to the extent of any pecuniary interest therein, and this Form 4 shall not be deemed an admission that Mr. Parkes is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Exchange Act, or for any other purposes. |
| F4 | Represents 6,838 restricted stock units granted to Scott Parkes, principal at Ares Management LLC, as a director of the Issuer. Each restricted stock unit represents the right to receive one share of the Issuer's Class A Common Stock upon vesting. Vesting of the restricted stock units will occur on January 1, 2023, subject to Mr. Parkes' continuous board service through that date. Such grant is exempt from Section 16(b) of the Exchange Act, in reliance on Rule 16b-3(d). |