Rice Acquisition Sponsor LLC 4
4 · Archaea Energy Inc. · Filed Sep 17, 2021
Insider Transaction Report
Form 4
Rice Acquisition Sponsor LLC
10% Owner
Transactions
- Conversion
Class B Units of LFG Acquisition Holdings LLC
2021-09-15−5,532,187→ 0 total→ Class A Common Stock (5,532,187 underlying) - Conversion
Class A Units of LFG Acquisition Holdings LLC
2021-09-15+5,532,187→ 5,532,187 total→ Class A Common Stock (5,532,187 underlying)
Holdings
- 5,532,287
Class A Units of LFG Acquisition Holdings LLC
→ Class A Common Stock (100 underlying)
Footnotes (1)
- [F1]For each Class B Unit of LFG Acquisition Holdings LLC (f/k/a Rice Acquisition Holdings LLC) ("Opco"), the reporting person owns a corresponding share of the issuer's Class B common stock. In connection with the issuer's initial business combination, the Opco Class B Units convert into Opco Class A Units on a one-for-one basis, subject to adjustment. The Opco Class A Units (together with the corresponding shares of the issuer's Class B common stock) are exchangeable into shares of the issuer's Class A common stock after the time of the issuer's initial business combination on a one-for-one basis and have no expiration date. On September 15, 2021, the issuer completed its initial business combination, and as a result the Opco Class B Units held by Rice Acquisition Sponsor LLC converted into Opco Class A Units on a one-for-one basis.