Zarath Summers - Aug 22, 2023 Form 4 Insider Report for LanzaTech Global, Inc. (LNZA)

Role: Chief Science Officer
Signature: /s/ Joseph Blasko, as Attorney-in-Fact
Stock symbol: LNZA
Transactions as of: Aug 22, 2023
Transactions value $: $0
Form type: 4
Date filed: 8/24/2023, 05:59 PM
Previous filing: Jul 18, 2023
Next filing: Mar 14, 2024

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	Performance Stock Units	Award	$0	+30.6K		$0.00	30.6K	Aug 22, 2023	Common Stock	30.6K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	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 August 22, 2023. The PSUs will time-vest in approximately three equal annual installments, with such first installment time-vesting on August 22, 2024. Both vesting conditions must be met by August 22, 2028 or else the PSUs will be forfeited.

Content

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 August 22, 2023. The PSUs will time-vest in approximately three equal annual installments, with such first installment time-vesting on August 22, 2024. Both vesting conditions must be met by August 22, 2028 or else the PSUs will be forfeited.