Daniel J. Rice IV - Sep 15, 2022 Form 4 Insider Report for Archaea Energy Inc. (LFG)

Role
Director, 10%+ Owner
Signature
/s/ Daniel J. Rice, IV
Stock symbol
LFG
Transactions as of
Sep 15, 2022
Transactions value $
$0
Form type
4
Date filed
9/19/2022, 05:35 PM
Previous filing
Jul 1, 2022
Next filing
Oct 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LFG Class B Common Stock Other $0 -20M -100% $0.00* 0 Sep 15, 2022 By Archaea Energy LLC F1, F2
transaction LFG Class B Common Stock Other $0 +6.62M +112.64% $0.00 12.5M Sep 15, 2022 By Shalennial Fund I, L.P. F3, F4
holding LFG Class B Common Stock 5.15K Sep 15, 2022 Direct

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 -20M -100% $0.00* 0 Sep 15, 2022 Class A Common Stock 20M By Archaea Energy LLC F1, F2, F5
transaction LFG Class A Units of LFG Acquisition Holdings LLC Other $0 +6.62M +112.64% $0.00 12.5M Sep 15, 2022 Class A Common Stock 6.62M By Shalennial Fund I, L.P. F3, F4, F5
holding LFG Class A Units of LFG Acquisition Holdings LLC 5.15K Sep 15, 2022 Class A Common Stock 5.15K Direct F5
* 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 Archaea Energy LLC ("Archaea LLC") 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 Archaea LLC or its members.
F2 Archaea LLC is controlled by Shalennial Fund I, L.P. ("Shalennial Fund"). 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) and (ii) Rice Investment Group, L.P. (the management company for Shalennial Fund). As such, the reporting person may have been deemed to have beneficial ownership of the securities held of record by Archaea LLC. The reporting person disclaims any beneficial ownership of the securities previously held by Archaea LLC other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F3 Represents receipt by Shalennial Fund of the pro rata distribution of the securities of the issuer held by Archaea LLC.
F4 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) and (ii) Rice Investment Group, L.P. (the management company for Shalennial Fund). As such, the reporting person may be deemed to have beneficial ownership of the securities held of record by Shalennial Fund. 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.
F5 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.