4//SEC Filing
Unger David C 4
Accession 0001932698-24-000002
CIK 0001842279other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 7:07 AM ET
Size
13.7 KB
Accession
0001932698-24-000002
Insider Transaction Report
Form 4
OPAL Fuels Inc.OPAL
Unger David C
Executive Vice President
Transactions
- Award
Restricted Stock Units
2024-03-31+70,565→ 312,675 total→ Class A common stock (70,565 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-31−80,704→ 231,971 total→ Class A common stock (80,704 underlying) - Award
Stock options (right to buy)
2024-03-31+41,177→ 41,177 totalExercise: $5.02Exp: 2034-03-31→ Class A common stock (41,177 underlying) - Exercise/Conversion
Class A common stock
2024-03-31+80,704→ 87,099 total - Tax Payment
Class A common stock
2024-03-31$5.02/sh−29,777$149,481→ 57,322 total
Footnotes (4)
- [F1]Each restricted stock unit represents the 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 $5.02 per share, the closing price of Class A common stock on March 28, 2024.
- [F3]The Reporting Person was granted restricted stock units ("RSUs") pursuant to the terms under the Issuer's 2022 Omnibus Equity Incentive Plan (the "Plan"), which represent a contingent right to receive one share of common stock for each RSU. 80,704 RSUs vested on March 31, 2024, 104,225 RSUs are scheduled to vest on March 31, 2025, 104,225 RSUs on March 31, 2026 and 23,521 RSUs on March 31, 2027.
- [F4]The Reporting Person was granted an option to purchase shares of the Issuer's Class A common stock (the "Option") pursuant to the terms under the Plan at an exercise price of $5.02 per share, which was the closing price per share of the Issuer's Class A common stock on March 28, 2024, as quoted on the Nasdaq Stock Market. The Option vests in three (3) equal installments on each of the following dates: (i) March 31, 2025, (ii) March 31, 2026, and (iii) March 31, 2027, provided, that the Reporting Person continues to provide services to the Issuer through the applicable vesting date.
Documents
Issuer
OPAL Fuels Inc.
CIK 0001842279
Entity typeother
Related Parties
1- filerCIK 0001932698
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 7:07 AM ET
- Size
- 13.7 KB