0001827035-24-000002.txt : 20240402 0001827035-24-000002.hdr.sgml : 20240402 20240402072724 ACCESSION NUMBER: 0001827035-24-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240402 DATE AS OF CHANGE: 20240402 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Maurer Jonathan Gilbert CENTRAL INDEX KEY: 0001827035 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40272 FILM NUMBER: 24812217 MAIL ADDRESS: STREET 1: C/O FORTISTAR SUSTAINABLE SOLUTIONS CORP STREET 2: ONE NORTH LEXINGTON AVENUE CITY: WHITE PLAINS STATE: NY ZIP: 10601 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: OPAL Fuels Inc. CENTRAL INDEX KEY: 0001842279 STANDARD INDUSTRIAL CLASSIFICATION: GAS & OTHER SERVICES COMBINED [4932] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 200 CLARENDON STREET, 55TH FLOOR CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 617-531-6300 MAIL ADDRESS: STREET 1: 200 CLARENDON STREET, 55TH FLOOR CITY: BOSTON STATE: MA ZIP: 02116 FORMER COMPANY: FORMER CONFORMED NAME: ArcLight Clean Transition Corp. II DATE OF NAME CHANGE: 20210125 4 1 wk-form4_1712057233.xml FORM 4 X0508 4 2024-03-31 0 0001842279 OPAL Fuels Inc. OPAL 0001827035 Maurer Jonathan Gilbert ONE NORTH LEXINGTON AVE, 14TH FLOOR WHITE PLAINS NY 10601 0 1 0 0 Co-Chief Executive Officer 0 Class A common stock 2024-03-31 4 M 0 35869 A 98832 D Class A common stock 2024-03-31 4 F 0 13032 5.02 D 85800 D Restricted Stock Units 2024-03-31 4 A 0 201613 0 A Class A common stock 201613 309218 D Restricted Stock Units 2024-03-31 4 M 0 35869 0 D Class A common stock 35869 273349 D Stock options (right to buy) 5.02 2024-03-31 4 A 0 117648 0 A 2034-03-31 Class A common stock 117648 117648 D 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. 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. 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. 35,869 RSUs vested on March 31, 2024, 103,073 RSUs are scheduled to vest on March 31, 2025, 103,073 RSUs on March 31, 2026 and 67,203 RSUs on March 31, 2027. 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. /s/ John Coghlin as Attorney-in-Fact 2024-04-02