Robert Conrado - May 2, 2023 Form 4 Insider Report for LanzaTech Global, Inc. (LNZA)

Signature
/s/ Joseph Blasko, as Attorney-in-Fact
Stock symbol
LNZA
Transactions as of
May 2, 2023
Transactions value $
$0
Form type
4
Date filed
5/4/2023, 08:57 PM
Previous filing
Feb 10, 2023
Next filing
Aug 31, 2023

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 LNZA Restricted Stock Units Award $0 +30K $0.00 30K May 2, 2023 Common Stock 30K Direct F1
transaction LNZA Performance Stock Units Award $0 +120K $0.00 120K May 2, 2023 Common Stock 120K Direct F2
transaction LNZA Stock Options Award $0 +115K $0.00 115K May 2, 2023 Common Stock 115K $3.28 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of common stock of LanzaTech Global, Inc. (the "Company"). Subject to the terms of the RSU Agreement, the RSUs will vest in approximately three equal annual installments, with such first installment vesting on March 6, 2024.
F2 Each Performance-based Restricted Stock Unit (PSU) represents a contingent right to receive one share of common stock of the Company. Subject to the terms of the PSU Agreement, the PSUs are contingent on satisfying both a performance-based and a time-based vesting condition. The performance-based vesting condition is satisfied if the average closing price of the Company's stock reaches $11.50 using a 20-day look-back period, which period may begin no earlier than 151 days following February 8, 2023. The PSUs will time-vest in approximately three equal annual installments, with such first installment time-vesting on February 10, 2024. Both vesting conditions must be met by February 10, 2028 or else the PSUs will be forfeited.
F3 Subject to the terms of the Stock Option Agreement, the shares subject to the stock option will vest and become exercisable in approximately three equal annual installments, with such first installment vesting on March 6, 2024.