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

Role: 10%+ Owner
Signature: /s/ Daniel J. Rice, IV as authorized person
Stock symbol: LFG
Transactions as of: Sep 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 9/19/2022, 05:36 PM
Previous filing: Sep 27, 2021
Next filing: Dec 28, 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	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	-20M	-100%	$0.00^*	0	Sep 15, 2022	Class A Common Stock	20M		By Archaea Energy LLC	F1, F2, F4
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		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.