ArcLight CTC Holdings, L.P. 4
4 · ArcLight Clean Transition Corp. · Filed Nov 12, 2020
Insider Transaction Report
Form 4
ArcLight CTC Holdings, L.P.
10% Owner
Transactions
- Other
Class B ordinary shares
2020-11-10−250,000→ 6,797,500 total→ 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 the reporting person as a result of its 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]This Form 4 is being filed by the reporting person. The reporting person is controlled by Daniel R. Revers.