4//SEC Filing
JORE MATTHEW B 4
Accession 0001213900-24-023700
CIK 0001855474other
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 6:35 AM ET
Size
8.5 KB
Accession
0001213900-24-023700
Insider Transaction Report
Form 4
JORE MATTHEW B
DirectorChief Executive Officer10% Owner
Transactions
- Award
Class A Common Stock
2024-03-14+2,931,654→ 2,931,654 total - Award
Class B Common Stock
2024-03-14+4,759,642→ 4,759,642 total→ Class A Common Stock (4,759,642 underlying)
Footnotes (2)
- [F1]Represents securities received as part of the Issuer's business combination, in connection with that certain Agreement and Plan of Merger, dated as of June 5, 2023 (the "Merger Agreement"), by and between the Issuer (formerly, Power & Digital Infrastructure Acquisition II Corp.), XPDB Merger Sub, LLC and Montana Technologies LLC ("Legacy Montana"), pursuant to which the common units of Legacy Montana automatically converted into newly issued shares of Class A Common Stock and Class B Common Stock of the Issuer.
- [F2]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder at any time upon written notice to the transfer agent of the Issuer. The Class B Common Stock will automatically convert into Class A Common Stock at the earliest of (1) the date that is seven years from the effective date of the Issuer's Second Amended and Restated Certificate of Incorporation (the "Charter") and (2) the first date on which the permitted holders of Class B Common Stock cease to own, in the aggregate, at least 33.0% of the number of Class B Common Stock issued following the effectiveness of the Charter, as equitably adjusted to reflect any stock splits, reverse stock splits, stock dividends, reorganization, recapitalization, reclassification, combination, exchange of shares or other like change or transaction.
Documents
Issuer
Montana Technologies Corp.
CIK 0001855474
Entity typeother
Related Parties
1- filerCIK 0001095460
Filing Metadata
- Form type
- 4
- Filed
- Mar 18, 8:00 PM ET
- Accepted
- Mar 19, 6:35 AM ET
- Size
- 8.5 KB