4//SEC Filing
Revers Daniel R 4
Accession 0001213900-20-036459
CIK 0001820630other
Filed
Nov 11, 7:00 PM ET
Accepted
Nov 12, 2:19 PM ET
Size
7.0 KB
Accession
0001213900-20-036459
Insider Transaction Report
Form 4
Revers Daniel R
DirectorChairman10% Owner
Transactions
- Other
Class B ordinary shares
2020-11-10−250,000→ 6,797,500 total(indirect: By ArcLight CTC Holdings, L.P.)→ Class A ordinary shares (250,000 underlying)
Footnotes (3)
- [F1]This Form 4 reflects the surrender to the issuer of 250,000 of the issuer's Class B ordinary shares, par value $0.0001 per share, for no consideration by ArcLight CTC Holdings, L.P.'s ("Sponsor") as a result of the Sponsor's participation in the issuer's initial public offering, as more fully described in the issuer's registration statement on Form S-1 (File No. 333- 248625).
- [F2]As described in the issuer's registration statement on Form S-1 (File No. 333-248625) under the heading "Description of Securities -- Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for share subdivisions, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.
- [F3]The securities reported herein are held directly by the Sponsor. The reporting person has voting and investment discretion with respect to the securities held by the the Sponsor. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
Documents
Issuer
ArcLight Clean Transition Corp.
CIK 0001820630
Entity typeother
Related Parties
1- filerCIK 0001405456
Filing Metadata
- Form type
- 4
- Filed
- Nov 11, 7:00 PM ET
- Accepted
- Nov 12, 2:19 PM ET
- Size
- 7.0 KB