4//SEC Filing
Black Mountain Sponsor LLC 4
Accession 0000899243-23-011065
CIK 0001848020other
Filed
Apr 9, 8:00 PM ET
Accepted
Apr 10, 6:28 PM ET
Size
8.3 KB
Accession
0000899243-23-011065
Insider Transaction Report
Form 4
Black Mountain Sponsor LLC
10% Owner
Transactions
- Conversion
Class B Common Stock
2023-04-10−6,810,000→ 0 total→ Class A Common Stock (6,810,000 underlying) - Conversion
Class A Common Stock
2023-04-10+6,810,000→ 6,810,000 total
Footnotes (3)
- [F1]In accordance with the amended and restated certificate of incorporation of Black Mountain Acquisition Corp. ("BMAC"), the Reporting Person elected to convert its shares of Class B Common Stock into shares of Class A Common Stock on a one-for-one basis.
- [F2]The total shares reported includes 1,150,000 shares of Class B Common Stock issued to the Reporting Person as a result of a stock dividend of the shares of Class B Common Stock by BMAC in connection with BMAC's initial public offering which, as a result of a clerical error, were not previously included on the Reporting Person's Form 3 filed on October 13, 2021.
- [F3]The shares of Class B Common Stock were (i) convertible into shares of Class A Common Stock at the Reporting Person's election on a one-for-one basis and (ii) automatically convertible into shares of Class A Common Stock at the time of the closing of BMAC's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights (which rights were waived by the Reporting Person in connection with BMAC's proposed business combination), and had no expiration date.
Documents
Issuer
Black Mountain Acquisition Corp.
CIK 0001848020
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001848019
Filing Metadata
- Form type
- 4
- Filed
- Apr 9, 8:00 PM ET
- Accepted
- Apr 10, 6:28 PM ET
- Size
- 8.3 KB