Kyle Derham - Sep 15, 2021 Form 4 Insider Report for Archaea Energy Inc. (LFG)

Role: Director
Signature: /s/ James Wilmot Rogers as Attorney-in-Fact
Stock symbol: LFG
Transactions as of: Sep 15, 2021
Transactions value $: $300,000
Form type: 4
Date filed: 9/17/2021, 04:26 PM
Previous filing: Jun 15, 2021
Next filing: Jan 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LFG	Class A Common Stock	Award	$300K	+30K		$10.00	30K	Sep 15, 2021	Direct	F1
holding	LFG	Class A Common Stock						2.5K	Sep 15, 2021	By Rice Acquisition Sponsor LLC	F2

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	LFG	Class B Units of LFG Acquisition Holdings LLC	Conversion of derivative security		-5.53M	-100%		0	Sep 15, 2021	Class A Common Stock	5.53M		By Rice Acquisition Sponsor LLC	F2, F3
transaction	LFG	Class A Units of LFG Acquisition Holdings LLC	Conversion of derivative security		+5.53M			5.53M	Sep 15, 2021	Class A Common Stock	5.53M		By Rice Acquisition Sponsor LLC	F2, F3
holding	LFG	Class A Units of LFG Acquisition Holdings LLC						5.53M	Sep 15, 2021	Class A Common Stock	100		By Rice Acquisition Sponsor LLC	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On April 7, 2021, the issuer (f/k/a Rice Acquisition Corp.) entered into subscription agreements with certain investors (the "PIPE Investors") pursuant to which the PIPE Investors agreed to purchase shares of the issuer's Class A common stock for $10.00 per share in connection with, and conditioned upon, the substantially concurrent consummation of certain transactions, including the Business Combination (as defined below). As one of the PIPE Investors, on September 15, 2021, the reporting person acquired 30,000 shares of the issuer's Class A common stock for $10.00 per share.
F2	The reporting person is a managing member of Rice Acquisition Sponsor LLC. As such, the reporting person may be deemed to have beneficial ownership of the securities held of record by Rice Acquisition Sponsor LLC. The reporting person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F3	For each Class B Unit of LFG Acquisition Holdings LLC (f/k/a Rice Acquisition Holdings LLC) ("Opco"), the reporting person owns a corresponding share of the issuer's Class B common stock. In connection with the issuer's initial business combination, the Opco Class B Units convert into Opco Class A Units on a one-for-one basis, subject to adjustment. The Opco Class A Units (together with the corresponding shares of the issuer's Class B common stock) are exchangeable into shares of the issuer's Class A common stock after the time of the issuer's initial business combination on a one-for-one basis and have no expiration date. On September 15, 2021, the issuer completed its initial business combination, and as a result the Opco Class B Units held by Rice Acquisition Sponsor LLC converted into Opco Class A Units on a one-for-one basis.