Key facts
- This page summarizes Scott Edelbach's Form 4 filing for OPAL Fuels Inc. (OPAL).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 10 Apr 2025, 19:08.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
Additional SEC filing notes
Footnote F1
Granted pursuant to the Issuer's 2022 Omnibus Equity Incentive Plan (the "Plan").
Footnote F2
The Reporting Person was granted an option to purchase shares of the Issuer's Class A common stock (the "Option") at an exercise price of $1.53 per share, which was the volume weighted average price of the Issuer's Class A common stock for the five days immediately preceding April 8, 2025, as quoted on the Nasdaq Stock Market. The Option vests in three (3) equal installments on each of the following dates: (i) March 31, 2026, (ii) March 31, 2027, and (iii) March 31, 2028, provided, that the Reporting Person continues to provide services to the Issuer through the applicable vesting date.
Footnote F3
In the event that the Reporting Person's employment is terminated by reason of the Reporting Person's disability or termination without cause, the Options shall vest with respect to the number of shares of Class A common stock that would have vested upon the next vesting date following such termination, had the Reporting Person remained an employee.
Footnote F4
Notwithstanding the foregoing, upon the occurrence of a termination of employment by reason of the Reporting Person's (i) termination without cause; or (ii) resignation for good reason, in connection with or within the 24 months following the consummation of a Change in Control (as defined in the Plan and the relevant award agreement), any unvested portion of the Option shall accelerate and vest in full.
Footnote F5
Upon the occurrence of a termination by reason of the Reporting Person's death, any unvested portion of the Option shall accelerate and vest in full.