Star Peak Sponsor LLC 4
4 · Star Peak Energy Transition Corp. · Filed Apr 30, 2021
Insider Transaction Report
Form 4
Star Peak Sponsor LLC
Director10% Owner
Transactions
- Exercise/Conversion
Common Stock
2021-04-28+9,509,626→ 9,509,626 total - Exercise/Conversion
Class B Common Stock
2021-04-28−9,509,626→ 0 total→ Class A Common Stock (9,509,626 underlying)
Footnotes (2)
- [F1]As described in the registrant's registration statement on Form S-1 (File No. 333-240267) under the heading "Description of Securities-Founder Shares," the shares of Class B common stock were automatically convertible into shares of Class A common stock at the time of the registrant's initial business combination on a one-for-one basis, subject to certain adjustments described therein and have no expiration date. In connection with the closing of the registrant's initial business combination, the outstanding shares of Class B common stock were converted into shares of Class A common stock.
- [F2]The reporting person is controlled by a board of managers consisting of Eric Scheyer, Alex Litowitz and Michael C. Morgan; voting and dispositive decisions with respect to the securities of the issuer held by the reporting person require the unanimous consent of the board of managers. Accordingly, each of Messrs. Scheyer, Litowitz and Morgan are deemed to have or share beneficial ownership of the securities held directly by the reporting person.