| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | VGAS | Private Placement Warrants | Disposed to Issuer | -2.48M | -50% | 2.48M | Feb 15, 2023 | Class A Common Stock | 2.48M | $11.50 | See footnote | F1, F2, F3 |
Michael J. Mayell is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | In connection with the consummation of the business combination between the Issuer, Verde Clean Fuels OpCo, LLC, Bluescape Clean Fuels Holdings, LLC, Bluescape Clean Fuels Intermediate Holdings, LLC and CENAQ Sponsor LLC ("Sponsor") on February 15, 2023 (the "Business Combination"), 2,475,000 of the Sponsor's private placement warrants were forfeited by the Sponsor to the Issuer for no consideration. |
| F2 | The warrants will become exercisable 30 days after the completion of the Business Combination. The warrants will expire five years after the completion of the Business Combination or earlier upon redemption or liquidation, as described in the prospectus for the Issuer's initial public offering. |
| F3 | The Sponsor is the record holder of the shares reported herein. John B. Connally III, J. Russell Porter and Michael J. Mayell are the members of the board of managers of the Sponsor. Each of Messers. Connally, Porter and Mayell may be deemed to have or share beneficial ownership of the securities held directly by the Sponsor. Each such person disclaims any such beneficial ownership of such securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. |