Rice Acquisition Sponsor LLC - 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 $
$0
Form type
4
Date filed
9/17/2021, 04:27 PM
Next filing
May 13, 2022

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 Direct F1
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 Direct F1
holding LFG Class A Units of LFG Acquisition Holdings LLC 5.53M Sep 15, 2021 Class A Common Stock 100 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.