Maurer Jonathan Gilbert 4
4 · OPAL Fuels Inc. · Filed Oct 5, 2023
Insider Transaction Report
Form 4
OPAL Fuels Inc.OPAL
Maurer Jonathan Gilbert
Co-Chief Executive Officer
Transactions
- Exercise/Conversion
Class A common stock
2023-10-03+75,000→ 90,000 total - Exercise/Conversion
Restricted Stock Units
2023-10-03−75,000→ 107,605 total→ Class A common stock (75,000 underlying) - Tax Payment
Class A common stock
2023-10-03$7.90/sh−27,037$213,592→ 62,963 total
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 stock units. The total value of securities withheld was based on a price of $7.90 per share, the closing price of Class A common stock on October 3, 2023.
- [F3]75,000 restricted stock units were awarded on October 4, 2022. This award vested in full on October 3, 2023. 107,605 restricted stock units were awarded on March 31, 2023 which are scheduled to vest in three equal tranches on March 31, 2024, March 31, 2025 and March 31, 2026 provided that the Reporting Person remains in continuous service on the vesting date.