Key facts
- This page summarizes BLUESCAPE CLEAN FUELS HOLDINGS, LLC's Form 3 filing for Verde Clean Fuels, Inc. (VGAS).
- 0 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 17 Feb 2023, 19:30.
BLUESCAPE CLEAN FUELS HOLDINGS, LLC - 15 Feb 2023 Form 3 Insider Report for Verde Clean Fuels, Inc. (VGAS)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- VGAS
- Reported as of
- 15 Feb 2023
- Net transaction value
- $0
- Reporting owner signature
- BLUESCAPE CLEAN FUELS HOLDINGS, LLC, By: Bluescape Energy Recapitalization and Restructuring Fund IV LP, its manager, By: Bluescape Energy Partners LLC, its general partner, By: /s/ C. John Wilder, Authorized Signatory
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
BLUESCAPE CLEAN FUELS HOLDINGS, LLC filed Form 3 for Verde Clean Fuels, Inc. (VGAS) on 17 Feb 2023.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Official SEC source
View source filing
Ownership activity is grounded in SEC Form 3 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
VGAS
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 800,000
- Date
- 15 Feb 2023
- Ownership
- See note 1.
- Footnotes
- F1
VGAS
holding
Class C Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 22,500,000
- Date
- 15 Feb 2023
- Ownership
- See note 1.
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
VGAS
holding
Derivative
Class C Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 15 Feb 2023
- Ownership
- See note 1.
- Underlying class
- Class A Common Stock
- Underlying amount
- 22,500,000
- Exercise price
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
These shares are owned directly by Bluescape Clean Fuels Holdings, LLC ("Holdings"). Holdings is a 100% owned subsidiary (portfolio company) of Bluescape Energy Recapitalization and Restructuring Fund IV LP ("BERR"). Bluescape Energy Partners LLC ("Bluescape Partners") is the general partner of BERR. Mr. C. John Wilder is the manager of Bluescape Partners. Mr. Wilder disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
Footnote F2
"Class C Units" means ownership interests in Verde Clean Fuels OpCo, LLC ("Verde LLC"). The Issuer is the sole managing member of Verde LLC.
Footnote F3
The limited liability company agreement of Verde LLC provides certain holders of Class C Units with certain rights to cause Verde LLC to acquire all or a portion of the Class C Units (the "Redemption Right") for, at Verde LLC's election, (a) shares of Class A Common Stock at a redemption ratio of one share of Class A Common Stock for each Class C Unit redeemed, subject to conversion rate adjustments for stock splits, stock dividends and reclassification and other similar transactions, or (b) an equivalent amount of cash. The Class C Units and the right to exercise the Redemption Right have no expiration date.
SEC remarks
This joint Form 3 is filed on behalf of Holdings, BERR and Bluescape Partners (collectively, the "Reporting Persons"). The address of each of the Reporting Persons is 300 Crescent Court, Suite 1860, Dallas, TX 75201.