ArcLight CTC Holdings II, L.P. - 04 Aug 2022 Form 4 Insider Report for OPAL Fuels Inc. (OPAL)

Role: 10%+ Owner
Signature: ARCLIGHT CTC HOLDINGS II, L.P. By: ACTC HOLDINGS GP II, LLC, its General Partner By: ARCLIGHT CAPITAL HOLDINGS, LLC, its Manager By: ACHP II, L.P., its Managing Member By: ACH GP, LLC, its General Partner By: /s/ Daniel R. Revers Title: Manager
Issuer symbol: OPAL
Transactions as of: 04 Aug 2022
Net transactions value: $0
Form type: 4
Filing time: 05 Aug 2022, 17:24:33 UTC
Previous filing: 25 Jul 2022
Next filing: 19 Dec 2022
SEC: View on sec.gov

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	OPAL	Warrants	Disposed to Issuer		-1,985,236	-22%		7,238,025	04 Aug 2022	Class A Common Stock	1,985,236		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The Warrants are held directly by ArcLight CTC Holdings II, L.P., a Delaware limited liability partnership (the "Sponsor"). Daniel R. Revers has voting and investment discretion with respect to the securities held by the Sponsor, and thus may be deemed to have beneficial ownership of such securities. Mr. Revers expressly disclaims any such beneficial ownership of such securities, except to the extent of his individual pecuniary interests therein.
F2	In connection with the consummation of the Issuer's initial business combination, Sponsor transferred the reported securities for no consideration to certain fund entities and managed accounts for which Encompass Capital Advisors LLC, a Delaware limited liability company, exercises investment discretion.

Content

The Warrants are held directly by ArcLight CTC Holdings II, L.P., a Delaware limited liability partnership (the "Sponsor"). Daniel R. Revers has voting and investment discretion with respect to the securities held by the Sponsor, and thus may be deemed to have beneficial ownership of such securities. Mr. Revers expressly disclaims any such beneficial ownership of such securities, except to the extent of his individual pecuniary interests therein.

In connection with the consummation of the Issuer's initial business combination, Sponsor transferred the reported securities for no consideration to certain fund entities and managed accounts for which Encompass Capital Advisors LLC, a Delaware limited liability company, exercises investment discretion.