Jonathan Gilbert Maurer - Oct 3, 2023 Form 4 Insider Report for OPAL Fuels Inc. (OPAL)

Role: Co-Chief Executive Officer
Signature: /s/ John Coghlin as Attorney-in-Fact
Stock symbol: OPAL
Transactions as of: Oct 3, 2023
Transactions value $: -$213,592
Form type: 4
Date filed: 10/5/2023, 04:09 PM
Previous filing: Apr 4, 2023
Next filing: Apr 2, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPAL	Class A common stock	Options Exercise		+75K	+500%		90K	Oct 3, 2023	Direct	F1
transaction	OPAL	Class A common stock	Tax liability	-$214K	-27K	-30.04%	$7.90	63K	Oct 3, 2023	Direct	F2

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	Options Exercise	$0	-75K	-41.07%	$0.00	108K	Oct 3, 2023	Class A common stock	75K		Direct	F1, 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 represents a contingent 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	Represents the shares held by the Company to satisfy tax withholding requirements on vesting of restricted stock units. The total value of securities withheld was based on a price of $7.90 per share, the closing price of Class A common stock on October 3, 2023.
F3	75,000 restricted stock units were awarded on October 4, 2022. This award vested in full on October 3, 2023. 107,605 restricted stock units were awarded on March 31, 2023 which are scheduled to vest in three equal tranches on March 31, 2024, March 31, 2025 and March 31, 2026 provided that the Reporting Person remains in continuous service on the vesting date.