Key facts
- This page summarizes William Bennett Nance Jr.'s Form 4 filing for Global Gas Corp (HGAS).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 06 Mar 2024, 18:58.
William Bennett Nance Jr. - 04 Mar 2024 Form 4 Insider Report for Global Gas Corp (HGAS)
- Reporting relationship
- Chief Executive Officer, Director, 10%+ Owner
- Issuer ticker
- HGAS
- Reported as of
- 04 Mar 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 06 Mar 2024, 18:58:41 UTC
- Prior SEC filing
- 26 Dec 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ William Bennett Nance, Jr.
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
William Bennett Nance Jr. filed Form 4 for Global Gas Corp (HGAS) on 06 Mar 2024.
Change
- Previous filing in this sequence was filed on 26 Dec 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
HGAS
transaction
Derivative
Class B Common Stock
Disposed to Issuer
- Transaction value
- $0
- Shares
- -1,440,000
- Change %
- -42%
- Price
- $0.000000
- Shares after
- 2,000,000
- Date
- 04 Mar 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,440,000
- 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
Pursuant to the terms of the forfeiture agreement, dated March 4, 2024, between the Issuer and the Reporting Person, the Reporting Person forfeited 1,440,000 shares of Class B Common Stock.
Footnote F2
Pursuant to the terms of the Exchange Agreement entered into on December 21, 2023 between the Issuer, Global Gas Holdings LLC, a wholly-owned subsidiary of the Issuer ("Holdings"), and each of the Reporting Person, Sergio Martinez and Barbara Guay Martinez (collectively, the "Sellers"), the Sellers have the right, following December 21, 2023, and at any time after the expiration of a lock-up to which the shares of Class B Common Stock are subject, to exchange their Paired Interests, consisting of Holdings Common Units and shares of Class B Common Stock, for, at the option of the Issuer, cash or shares of Class A Common Stock, on a one-for-one basis, subject to customary adjustments. (Continued in following footnote)
Footnote F3
(Continued from previous footnote) The Paired Interests have no expiration date. At the time of any such exchange, the shares of Class B Common Stock exchanged by the Reporting Person, which have no economic value and entitle holders thereof to one vote per share on all matters on which stockholders of the Issuer are entitled to vote generally, will be cancelled.