Kevin Fogarty - Mar 31, 2024 Form 4 Insider Report for OPAL Fuels Inc. (OPAL)

Role: Director
Signature: /s/ John Coghlin as Attorney-in-Fact
Stock symbol: OPAL
Transactions as of: Mar 31, 2024
Transactions value $: $0
Form type: 4
Date filed: 4/2/2024, 07:31 AM
Previous filing: Jan 24, 2024
Next filing: May 9, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPAL	Class A common stock	Options Exercise		+19.4K	+191.3%		29.5K	Mar 31, 2024	Direct	F1

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	OPAL	Restricted Stock Units	Award	$0	+27.2K	+140.52%	$0.00	46.6K	Mar 31, 2024	Class A common stock	27.2K		Direct	F2
transaction	OPAL	Restricted Stock Units	Options Exercise	$0	-19.4K	-41.58%	$0.00	27.2K	Mar 31, 2024	Class A common stock	19.4K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents the right to receive, at settlement, one share of Class A common stock. This transaction represents the settlement of restricted stock units in shares of Class A common stock on their scheduled vesting date.
F2	The Reporting Person was granted 27,218 restricted stock units ("RSUs"), on March 31, 2024, which represent a contingent right to receive one share of common stock for each RSU. These RSUs are scheduled to vest on March 31, 2025, provided that the Reporting Person remains in continuous service on the vesting date. Additionally, 19,369 RSUs which were previously granted to the Reporting Person vested on March 31, 2024.

Content

Each restricted stock unit represents the right to receive, at settlement, one share of Class A common stock. This transaction represents the settlement of restricted stock units in shares of Class A common stock on their scheduled vesting date.

The Reporting Person was granted 27,218 restricted stock units ("RSUs"), on March 31, 2024, which represent a contingent right to receive one share of common stock for each RSU. These RSUs are scheduled to vest on March 31, 2025, provided that the Reporting Person remains in continuous service on the vesting date. Additionally, 19,369 RSUs which were previously granted to the Reporting Person vested on March 31, 2024.