Blasko Joseph 4
4 · LanzaTech Global, Inc. · Filed May 4, 2023
Insider Transaction Report
Form 4
Blasko Joseph
General Counsel
Transactions
- Award
Restricted Stock Units
2023-05-02+50,000→ 50,000 total→ Common Stock (50,000 underlying) - Award
Performance Stock Units
2023-05-02+100,000→ 100,000 total→ Common Stock (100,000 underlying) - Award
Stock Options
2023-05-02+190,839→ 190,839 totalExercise: $3.28Exp: 2033-05-02→ Common Stock (190,839 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of common stock of LanzaTech Global, Inc. (the "Company"). Subject to the terms of the RSU Agreement, the RSUs will vest in approximately three equal annual installments, with such first installment vesting on March 6, 2024.
- [F2]Each Performance-based Restricted Stock Unit (PSU) represents a contingent right to receive one share of common stock of the Company. Subject to the terms of the PSU Agreement, the PSUs are contingent on satisfying both a performance-based and a time-based vesting condition. The performance-based vesting condition is satisfied if the average closing price of the Company's stock reaches $11.50 using a 20-day look-back period, which period may begin no earlier than 151 days following February 8, 2023. The PSUs will time-vest in approximately three equal annual installments, with such first installment time-vesting on February 10, 2024. Both vesting conditions must be met by February 10, 2028 or else the PSUs will be forfeited.
- [F3]Subject to the terms of the Stock Option Agreement, the shares subject to the stock option will vest and become exercisable in approximately three equal annual installments, with such first installment vesting on March 6, 2024.