First Reserve Sustainable Growth Sponsor LLC 4
4 · First Reserve Sustainable Growth Corp. · Filed Apr 19, 2021
Insider Transaction Report
Form 4
Transactions
- Other
Class B Common Stock
2021-04-19−189,011→ 5,560,989 total→ Class A Common Stock (189,011 underlying)
Footnotes (2)
- [F1]The shares of Class B Common Stock are convertible into shares of the Issuer's Class A Common Stock on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date.
- [F2]The Class B Common Stock owned by First Reserve Sustainable Growth Sponsor LLC included up to 750,000 shares that were subject to forfeiture in the event the underwriters of the initial public offering of the Issuer's securities did not exercise in full their over-allotment option as described in the Issuer's Registration Statement on Form S-1 (File No. 333-252717). Because the underwriters exercised their over-allotment option in part, First Reserve Sustainable Growth Sponsor LLC forfeited 189,011 shares of Class B Common Stock on April 19, 2021 for cancellation by the Issuer.