Brian F. McCarthy - Mar 1, 2022 Form 3 Insider Report for Archaea Energy Inc. (LFG)

Role: Chief Investment Officer
Signature: /s/ Chad Bellah as Attorney-in-Fact
Stock symbol: LFG
Transactions as of: Mar 1, 2022
Transactions value $: $0
Form type: 3
Date filed: 3/8/2022, 04:00 PM
Next filing: Apr 5, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	LFG	Class A Common Stock						12K	Mar 1, 2022	Direct	F1
holding	LFG	Class B Common Stock						531K	Mar 1, 2022	By McCarthy Biogas Holdings LLC	F2, F3

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
holding	LFG	Class A Units of LFG Acquisition Holdings LLC							Mar 1, 2022	Class A Common Stock	531K		By McCarthy Biogas Holdings LLC	F2, F3, F4

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

Explanation of Responses:

Id	Content
F1	Award of restricted stock units (3,000 of which will vest on March 15, 2022, 3,000 of which will vest on September 15, 2022 and 6,000 of which will vest on September 15, 2023). Each restricted stock unit represents a contingent right to receive one share of the issuer's Class A common stock.
F2	On September 15, 2021, as a result of the consummation of the transactions contemplated by that certain Business Combination Agreement, dated April 7, 2021 and subsequently amended on May 12, 2021, by and among the issuer, LFG Acquisition Holdings LLC (f/k/a Rice Acquisition Holdings LLC) ("Opco"), Archaea Energy LLC, Archaea Energy II LLC ("Archaea II") and the other parties thereto, in exchange for the equity interests of Archaea II, which were cancelled, Archaea Energy LLC and its members received Opco Class A units and a corresponding number of shares of the issuer's Class B common stock (which together are exchangeable into shares of the issuer's Class A Common Stock on a one-for-one basis). McCarthy Biogas Holdings LLC, as a member of Archaea Energy LLC, received 530,855 Opco Class A units and a corresponding number of shares of the issuer's Class B common stock.
F3	McCarthy Biogas Holdings LLC is a limited liability company controlled by Mr. McCarthy. As such, Mr. McCarthy may be deemed to have beneficial ownership of the securities held of record by McCarthy Biogas Holdings LLC. Mr. McCarthy disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F4	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 on a one-for-one basis and have no expiration date.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney