Mark M. Jacobs - Mar 13, 2024 Form 4 Insider Report for Zeo Energy Corp. (ZEO)

Role: Director
Signature: /s/ Mark M. Jacobs
Stock symbol: ZEO
Transactions as of: Mar 13, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/15/2024, 05:03 PM
Previous filing: Oct 22, 2021

Transactions Table

Type	Sym	Class	Transaction	Shares	Change %	Shares After	Date	Ownership	Footnotes
transaction	ZEO	Class A Ordinary Shares	Conversion of derivative security	+80K		80K	Mar 13, 2024	Direct	F1
transaction	ZEO	Class A Ordinary Shares	Other	-80K	-100%	0	Mar 13, 2024	Direct	F1, F2
transaction	ZEO	Class A Common Stock	Other	+80K		80K	Mar 13, 2024	Direct	F2

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

Explanation of Responses:

Id	Content
F1	These Class A ordinary shares of ESGEN Acquisition Corp ("ESGEN"), par value $0.0001 (the "Class A Shares"), were converted from Class B ordinary shares, par value $0.0001 (the "Class B Shares"), of ESGEN on March 13, 2024 pursuant to the transactions contemplated by the Business Combination Agreement, dated as of April 19, 2023 (as amended on January 24, 2024), by and among the Issuer, ESGEN OpCo, LLC, Sunergy Renewables, LLC, and the other parties thereto (the "Business Combination Agreement"). In connection with this conversion, 58,000 of the Class B Shares were forfeited.
F2	Pursuant to the transactions contemplated by the Business Combination Agreement, the Class A Shares, held by the reporting person were exchanged for an equal number of shares of Class A common stock, issued by the Issuer, on March 13, 2024, following ESGEN's domestication as a Delaware corporation.

Content

These Class A ordinary shares of ESGEN Acquisition Corp ("ESGEN"), par value $0.0001 (the "Class A Shares"), were converted from Class B ordinary shares, par value $0.0001 (the "Class B Shares"), of ESGEN on March 13, 2024 pursuant to the transactions contemplated by the Business Combination Agreement, dated as of April 19, 2023 (as amended on January 24, 2024), by and among the Issuer, ESGEN OpCo, LLC, Sunergy Renewables, LLC, and the other parties thereto (the "Business Combination Agreement"). In connection with this conversion, 58,000 of the Class B Shares were forfeited.

Pursuant to the transactions contemplated by the Business Combination Agreement, the Class A Shares, held by the reporting person were exchanged for an equal number of shares of Class A common stock, issued by the Issuer, on March 13, 2024, following ESGEN's domestication as a Delaware corporation.