Daniel J. Rice IV - May 11, 2022 Form 4 Insider Report for Archaea Energy Inc. (LFG)

Role: Director, 10%+ Owner
Signature: /s/ Chad Bellah as Attorney-in-Fact
Stock symbol: LFG
Transactions as of: May 11, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/13/2022, 04:33 PM
Previous filing: Apr 22, 2022
Next filing: May 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LFG	Class A Common Stock	Other	$0	-2.5K	-100%	$0.00^*	0	May 11, 2022	By Rice Acquisition Sponsor LLC	F1, F2
transaction	LFG	Class B Common Stock	Other	$0	-5.53M	-100%	$0.00^*	0	May 11, 2022	By Rice Acquisition Sponsor LLC	F1, F2
transaction	LFG	Class B Common Stock	Other	$0	+5.15K		$0.00	5.15K	May 11, 2022	Direct	F3
holding	LFG	Class A Common Stock						8.72K	May 11, 2022	Direct	F4
holding	LFG	Class B Common Stock						20M	May 11, 2022	By Archaea Energy LLC	F5
holding	LFG	Class B Common Stock						5.88M	May 11, 2022	By Shalennial Fund I, L.P.	F5

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 A Units of LFG Acquisition Holdings LLC	Other	$0	-5.53M	-100%	$0.00^*	0	May 11, 2022	Class A Common Stock	5.53M		By Rice Acquisition Sponsor LLC	F1, F2, F6
transaction	LFG	Class A Units of LFG Acquisition Holdings LLC	Other	$0	+5.15K		$0.00	5.15K	May 11, 2022	Class A Common Stock	5.15K		Direct	F3, F6
transaction	LFG	Warrants	Other	$0	-6.09M	-100%	$0.00^*	0	May 11, 2022	Class A Common Stock	6.09M	$11.50	By Rice Acquisition Sponsor LLC	F1, F2
holding	LFG	Class A Units of LFG Acquisition Holdings LLC						20M	May 11, 2022	Class A Common Stock	20M		By Archaea Energy LLC	F5, F6
holding	LFG	Class A Units of LFG Acquisition Holdings LLC						5.88M	May 11, 2022	Class A Common Stock	5.88M		By Shalennial Fund I, L.P.	F5, F6

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

Explanation of Responses:

Id	Content
F1	Represents the pro rata distribution of the securities of the issuer held by Rice Acquisition Sponsor LLC ("Sponsor") to all of its members. Prior to such distribution, and as of the date hereof, no such securities have been disposed of for cash by either Sponsor or its members.
F2	These securities were previously held by Sponsor. Prior to the distribution of these securities, the reporting person was previously a managing member of Sponsor. As such, the reporting person may have been deemed to have beneficial ownership of the securities held of record by Sponsor. The reporting person disclaims and previously disclaimed any beneficial ownership of the securities previously held by Sponsor other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F3	Represents receipt of the reporting person's pro rata distribution of the securities of the issuer held by Sponsor.
F4	Includes 6,838 restricted stock units, which vests in a single installment on January 1, 2023. Each restricted stock unit represents a contingent right to receive one share of the issuer's Class A common stock.
F5	Archaea Energy LLC is majority-owned and controlled by Shalennial Fund I, L.P. The reporting person is the sole managing member of Rice Investment Group UGP, LLC, which is the general partner of both (i) Shalennial GP I, L.P. (the general partner of Shalennial Fund I, L.P.) and (ii) Rice Investment Group, L.P. (the management company for Shalennial Fund I, L.P.). As such, the reporting person may be deemed to have beneficial ownership of the securities held of record by Archaea Energy LLC and the securities held of record by Shalennial Fund I, L.P. The reporting person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F6	The Class A Units of LFG Acquisition Holdings LLC (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.