Anthony Ann T 4
4 · OPAL Fuels Inc. · Filed Oct 5, 2023
Insider Transaction Report
Form 4
OPAL Fuels Inc.OPAL
Anthony Ann T
Chief Financial Officer
Transactions
- Tax Payment
Class A common stock
2023-10-03$7.90/sh−9,012$71,195→ 22,831 total - Exercise/Conversion
Class A common stock
2023-10-03+25,000→ 31,843 total - Exercise/Conversion
Restricted Stock Units
2023-10-03−25,000→ 82,498 total→ Class A common stock (25,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive, at settlement, one share of Class A common stock. This transaction represents the settlement of restricted stock units in shares of Class A common stock on their scheduled vesting date.
- [F2]Represents the shares held by the Company to satisfy tax withholding requirements on vesting of restricted units. The total value of securities withheld was based on a price of $7.90 per share, the closing price of the Class A common stock on October 3, 2023.
- [F3]25,000 restricted stock units were awarded on October 4, 2022. This award vested in full on October 3, 2023. 82,498 restricted stock units were awarded on March 31, 2023 of which 32,880 restricted stock units are scheduled to vest on each March 31, 2024 and March 31, 2025 and 16,738 restricted stock units are scheduled to vest on March 31, 2026, provided that the Reporting Person remains in continuous service on the vesting date.