Robert Conrado - 02 May 2023 Form 4 Insider Report for LanzaTech Global, Inc. (LNZA)

Signature
/s/ Joseph Blasko, as Attorney-in-Fact
Issuer symbol
LNZA
Transactions as of
02 May 2023
Net transactions value
$0
Form type
4
Filing time
04 May 2023, 20:57:27 UTC
Previous filing
10 Feb 2023
Next filing
31 Aug 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 +30,000 $0.000000 30,000 02 May 2023 Common Stock 30,000 Direct F1
transaction LNZA Performance Stock Units Award $0 +120,000 $0.000000 120,000 02 May 2023 Common Stock 120,000 Direct F2
transaction LNZA Stock Options Award $0 +114,503 $0.000000 114,503 02 May 2023 Common Stock 114,503 $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.