Decarbonization Plus Acquisition Sponsor, LLC 4
4 · Decarbonization Plus Acquisition Corp · Filed Dec 4, 2020
Insider Transaction Report
Form 4
Transactions
- Other
Class B Common Stock, par value $0.0001 per share
2020-12-04−93,964→ 4,591,708 total(indirect: See footnotes)→ Class A Common Stock (93,964 underlying)
Footnotes (4)
- [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 Decarbonization Plus Acquisition Sponsor, LLC included up to 659,393 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. 333-248958). Because the underwriters exercised their over-allotment option in part, Decarbonization Plus Acquisition Sponsor, LLC forfeited 93,964 shares of Class B Common Stock on December 4, 2020 for cancellation by the Issuer.
- [F3]Decarbonization Plus Acquisition Sponsor, LLC is the record holder of the shares reported herein. David M. Leuschen and Pierre F. Lapeyre, Jr. are the managing directors of Riverstone Holdings LLC, which is the sole and managing member of Decarbonization Plus Acquisition Sponsor, LLC.
- [F4]Each of Riverstone Holdings, LLC, Mr. Leuschen and Mr. Lapeyre may be deemed to have or share beneficial ownership of the common stock held directly by Decarbonization Plus Acquisition Sponsor, LLC. Each such entity or person disclaims any such beneficial ownership of such securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.