Shalennial Fund I, L.P. - 15 Sep 2022 Form 4 Insider Report for Archaea Energy Inc.

Role
10%+ Owner
Signature
/s/ Daniel J. Rice, IV as authorized person
Issuer symbol
N/A
Transactions as of
15 Sep 2022
Net transactions value
$0
Form type
4
Filing time
19 Sep 2022, 17:36:47 UTC
Previous filing
27 Sep 2021
Next filing
28 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LFG Class B Common Stock Other $0 -20,010,231 -100% $0.000000* 0 15 Sep 2022 By Archaea Energy LLC F1, F2
transaction LFG Class B Common Stock Other $0 +6,621,619 +113% $0.000000 12,499,929 15 Sep 2022 Direct 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
transaction LFG Class A Units of LFG Acquisition Holdings LLC Other $0 -20,010,231 -100% $0.000000* 0 15 Sep 2022 Class A Common Stock 20,010,231 By Archaea Energy LLC F1, F2, F4
transaction LFG Class A Units of LFG Acquisition Holdings LLC Other $0 +6,621,619 +113% $0.000000 12,499,929 15 Sep 2022 Class A Common Stock 6,621,619 Direct F3, F4
* 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 These securities were previously held by Archaea LLC. Archaea LLC is controlled by the reporting person. 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 it 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 Archaea LLC.
F4 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.