Steven Berkenfeld - 14 Jun 2021 Form 4 Insider Report for ArcLight Clean Transition Corp.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
16 Jun 2021, 21:28:23 UTC
Next SEC filing
25 Jul 2022
Source filing
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Reporting owner 1 detail
Reporting owner signature
/s/ Steven Berkenfeld

Key filing fact

Steven Berkenfeld filed Form 4 for ArcLight Clean Transition Corp. on 16 Jun 2021.

Key facts

  • This page summarizes Steven Berkenfeld's Form 4 filing for ArcLight Clean Transition Corp..
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 16 Jun 2021, 21:28.

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

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

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Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PTRA transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+35,000
Change %
Price
Shares after
35,000
Date
14 Jun 2021
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PTRA transaction Derivative

Class B Ordinary Shares

Conversion of derivative security

Transaction value
Shares
-35,000
Change %
-100%
Price
Shares after
0
Date
14 Jun 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
35,000
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Steven Berkenfeld is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

Pursuant to the Agreement and Plan of Merger, dated January 11, 2021, by and among ArcLight Clean Transition Corp., a Cayman Islands exempted company (the "Company"), Phoenix Merger Sub, Inc., a Delaware corporation, and Proterra Inc, a Delaware corporation ("Proterra"), the parties effected a business combination transaction ("Business Combination") on June 14, 2021. In connection with the Business Combination, the Company domesticated as a Delaware corporation (the "Domestication") and changed its name to "Proterra Inc" ("New Proterra"). In connection with the consummation of the Business Combination, 35,000 of Steven Berkenfeld's Class B ordinary shares, par value $0.0001, of the Company, which were previously convertible into Class A ordinary shares, par value $0.0001, of the Company converted into shares of common stock, par value $0.0001, of New Proterra simultaneously with the closing of the Business Combination.

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