Rhett Bennett - 23 Dec 2022 Form 4 Insider Report for Metals Acquisition Corp

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 23 Dec 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 27 Dec 2022, 13:33:43 UTC
Prior SEC filing: 13 Oct 2021
Next SEC filing: 10 Apr 2023
Source filing: View source filing
Reporting owner signature: By: /s/ John Rhett Miles Bennett

Key filing fact

Rhett Bennett filed Form 4 for Metals Acquisition Corp on 27 Dec 2022.

Key facts

This page summarizes Rhett Bennett's Form 4 filing for Metals Acquisition Corp.
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 27 Dec 2022, 13:33.

Change

Previous filing in this sequence was filed on 13 Oct 2021.
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.

View source filing

Reported derivative securities

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

MTAL transaction Derivative

Class B Ordinary Shares

Disposed to Issuer

Transaction value
Shares: -20,000
Change %: -11%
Price
Shares after: 170,000
Date: 23 Dec 2022
Ownership: See Footnote
Underlying class: Class A Ordinary Shares
Underlying amount: 20,000
Exercise price
Footnotes: F1, 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

The Class B Ordinary Shares will automatically convert into shares of the Issuer's Class A Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment, as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-257854) (the "Registration Statement") and have no expiration date.

Footnote F2

In connection with certain adjustments to executive compensation of the Issuer, the shares reported herein were transferred by Green Mountain Metals LLC ("GMM"), the beneficial owner of the shares reported herein, as executive compensation.

Footnote F3

GMM is the beneficial owner of the shares reported herein. Black Mountain Storage LLC, an entity 100% owned by the Reporting Person, ("BMS") holds 170,000 Class B units in GMM, which entitles BMS to an equivalent number of the Issuer's Class B Ordinary Shares on distribution.