Freya Burton - 04 Mar 2024 Form 4 Insider Report for LanzaTech Global, Inc. (LNZA)

Role
Chief Sustainability Officer
Signature
/s/ Joseph Blasko, as Attorney-in-Fact
Issuer symbol
LNZA
Transactions as of
04 Mar 2024
Net transactions value
-$151,474
Form type
4
Filing time
14 Mar 2024, 14:26:54 UTC
Previous filing
04 May 2023
Next filing
09 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNZA Common Stock Options Exercise $59,629 +37,268 $1.60* 37,268 04 Mar 2024 by Spouse
transaction LNZA Common Stock Sale $117,394 -37,268 -100% $3.15 0 04 Mar 2024 by Spouse F1
transaction LNZA Common Stock Options Exercise $80,360 +50,225 $1.60* 50,225 05 Mar 2024 by Spouse
transaction LNZA Common Stock Sale $162,729 -50,225 -100% $3.24 0 05 Mar 2024 by Spouse F1
transaction LNZA Common Stock Options Exercise $0 +10,000 +30% $0.000000 43,346 06 Mar 2024 Direct
transaction LNZA Common Stock Tax liability $11,340 -3,500 -8.1% $3.24 39,846 06 Mar 2024 Direct
transaction LNZA Common Stock Options Exercise $0 +10,000 $0.000000 10,000 06 Mar 2024 by Spouse

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 Stock Options Options Exercise $0 -8,519 -43% $0.000000 11,481 04 Mar 2024 Common Stock 37,268 $1.60 By spouse F2, F3
transaction LNZA Stock Options Options Exercise $0 -11,481 -100% $0.000000* 0 05 Mar 2024 Common Stock 50,225 $1.60 By spouse F2, F3
transaction LNZA Restricted Stock Units Options Exercise $0 -10,000 -33% $0.000000 20,000 06 Mar 2024 Common Stock 10,000 Direct F4, F5
transaction LNZA Restricted Stock Units Options Exercise $0 -10,000 -33% $0.000000 20,000 06 Mar 2024 Common Stock 10,000 by Spouse F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 13, 2023.
F2 On February 8, 2023, AMCI Acquisition Corp. II ("AMCI") consummated a business combination (the "Business Combination") by and among AMCI, AMCI Merger Sub, Inc., a Delaware corporation ("AMCI Merger Sub") and LanzaTech NZ, Inc., a Delaware corporation ("Legacy LanzaTech"), AMCI changed its name to "LanzaTech Global, Inc." and AMCI Merger Sub merged with and into Legacy LanzaTech. As part of the Business Combination, each Legacy LanzaTech stock option was exchanged for a stock option to acquire 4.374677 shares of common stock of LanzaTech Global, Inc.
F3 Options are fully vested.
F4 Restricted Stock Units (RSUs) convert into shares LanzaTech Global Inc. common stock, $.0001 par value, on a one-for-one basis.
F5 On May 2, 2023, the Reporting Person was granted 30,000 RSUs, which vest in approximately three equal annual installments, with such first installment vesting on March 6, 2024.