0001933088-24-000002.txt : 20240402
0001933088-24-000002.hdr.sgml : 20240402
20240402073021
ACCESSION NUMBER: 0001933088-24-000002
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: Comora Adam
CENTRAL INDEX KEY: 0001933088
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40272
FILM NUMBER: 24812221
MAIL ADDRESS:
STREET 1: ONE NORTH LEXINGTON AVENUE
STREET 2: 14TH FLOOR
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_1712057413.xml
FORM 4
X0508
4
2024-03-31
0
0001842279
OPAL Fuels Inc.
OPAL
0001933088
Comora Adam
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
83832
D
Class A common stock
2024-03-31
4
F
0
13057
5.02
D
70775
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 follow 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