Zarath Summers - 22 Aug 2023 Form 4 Insider Report for LanzaTech Global, Inc. (LNZA)

Reporting relationship: Chief Science Officer
Issuer ticker: LNZA
Reported as of: 22 Aug 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 24 Aug 2023, 17:59:19 UTC
Prior SEC filing: 18 Jul 2023
Next SEC filing: 14 Mar 2024
Source filing: View source filing
Reporting owner signature: /s/ Joseph Blasko, as Attorney-in-Fact

Key filing fact

Zarath Summers filed Form 4 for LanzaTech Global, Inc. (LNZA) on 24 Aug 2023.

Key facts

This page summarizes Zarath Summers's Form 4 filing for LanzaTech Global, Inc. (LNZA).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 24 Aug 2023, 17:59.

Change

Previous filing in this sequence was filed on 18 Jul 2023.
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.

LNZA transaction Derivative

Performance Stock Units

Award

Transaction value: $0
Shares: +30,627
Change %
Price: $0.000000
Shares after: 30,627
Date: 22 Aug 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 30,627
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Each Performance-based Restricted Stock Unit (PSU) represents a contingent right to receive one share of common stock of the Company. Subject to the terms of the PSU Agreement, the PSUs are contingent on satisfying both a performance-based and a time-based vesting condition. The performance-based vesting condition is satisfied if the average closing price of the Company's stock reaches $11.50 using a 20-day look-back period, which period may begin no earlier than 151 days following August 22, 2023. The PSUs will time-vest in approximately three equal annual installments, with such first installment time-vesting on August 22, 2024. Both vesting conditions must be met by August 22, 2028 or else the PSUs will be forfeited.