Daniel R. Revers - Dec 15, 2023 Form 4 Insider Report for OPAL Fuels Inc. (OPAL)

Role: 10%+ Owner
Signature: By: /s/ Daniel R. Revers
Stock symbol: OPAL
Transactions as of: Dec 15, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/19/2023, 04:01 PM
Previous filing: Oct 26, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPAL	Class A Common Stock	Sale		-661K	-51.63%		620K	Dec 15, 2023	Direct	F1
transaction	OPAL	Class A Common Stock	Sale		-839K	-32.07%		1.78M	Dec 15, 2023	See footnote	F1, F2

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

Explanation of Responses:

Id	Content
F1	The reported price is a volume weighted average price ("VWAP"). The reported securities were sold in open market transactions at prices ranging from $5.25 to $5.60, inclusive. The reporting person undertakes to provide to the SEC, the Issuer or any stockholder of the Issuer, upon request, the relevant amount of shares sold to the market at each price within the ranges set forth in this footnote.
F2	On December 15, 2023, 830,197 of the reported securities were sold by ArcLight CTC Holdings II, L.P., a Delaware limited partnership (the "Sponsor"), and 8,359 of the reported securities were sold by ACTC Holdings GP II, LLC, a Delaware limited liability company and general partner of the Sponsor ("ACTC GP"). After giving effect to such transactions, the reported securities consist of (i) 1,395,135 shares of Class A common stock held directly by the Sponsor, (ii) 322,227 shares of Class A common stock held directly by ACHP B, L.P., a Delaware limited partnership ("ACHP B") and (iii) 58,755 shares of Class A common stock held directly by ACTC GP. Mr. Revers has voting and investment discretion with respect to the securities held by the Sponsor, ACHP B and ACTC GP, 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 interest therein.

Content

The reported price is a volume weighted average price ("VWAP"). The reported securities were sold in open market transactions at prices ranging from $5.25 to $5.60, inclusive. The reporting person undertakes to provide to the SEC, the Issuer or any stockholder of the Issuer, upon request, the relevant amount of shares sold to the market at each price within the ranges set forth in this footnote.

On December 15, 2023, 830,197 of the reported securities were sold by ArcLight CTC Holdings II, L.P., a Delaware limited partnership (the "Sponsor"), and 8,359 of the reported securities were sold by ACTC Holdings GP II, LLC, a Delaware limited liability company and general partner of the Sponsor ("ACTC GP"). After giving effect to such transactions, the reported securities consist of (i) 1,395,135 shares of Class A common stock held directly by the Sponsor, (ii) 322,227 shares of Class A common stock held directly by ACHP B, L.P., a Delaware limited partnership ("ACHP B") and (iii) 58,755 shares of Class A common stock held directly by ACTC GP. Mr. Revers has voting and investment discretion with respect to the securities held by the Sponsor, ACHP B and ACTC GP, 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 interest therein.