Ares Management Corp's Form 4 filing
Archaea Energy Inc.LFG · filed Dec 13, 2021
- Accession no.
- 0001209191-21-069258
- Filed
- Dec 13, 2021, 4:46 PM ET
- Trade date
- Dec 13, 2021
- Filing delay
- Same day
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $11.8M. It was filed on the trade date.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Ares Management CorpCIK 0001176948 | Director, 10% Owner |
| Ares Management LLCCIK 0001259313 | Director, 10% Owner |
| EIF United States Power Fund IV, L.P.CIK 0001494533 | Director, 10% Owner |
| Ares Management Holdings L.P.CIK 0001536937 | Director, 10% Owner |
| Ares Holdco LLCCIK 0001669983 | Director, 10% Owner |
| United States Power Fund III, L.P.CIK 0001683439 | Director, 10% Owner |
| Ares Eif Management, LLCCIK 0001683442 | Director, 10% Owner |
| Aria Renewable Energy Systems LLCCIK 0001881619 | Director, 10% Owner |
| EIF US Power III, LLCCIK 0001882064 | Director, 10% Owner |
| EIF US Power IV, LLCCIK 0001882131 | Director, 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 13, 2021 | Class B Common Stock | JOtherDisposed | −656,300 | $0.00 | $0 | 19,173,339 | Direct | |
| Dec 13, 2021 | Class A Common Stock | CConversionAcquired | +656,300 | $0.00 | $0 | 656,300 | Direct | |
| Dec 13, 2021 | Class A Common Stock | SSaleDisposed | −656,300 | $17.95 | −$11,780,585 | 0 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 13, 2021 | Class A Common Stock | CConversionDisposed | −656,300 | $0.00 | $0 | 19,173,339 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
No transaction price on this filing refers to a footnote.
Remarks
Scott Parkes, who is a principal at Ares Management LLC, became a member of the Issuer's Board of Directors (the "Board") on September 15,2021. Pursuant to the terms of the Stockholders' Agreement, dated September 15, 2021, by and among Aria RES, the Issuer and certain other stockholders and parties thereto, the Reporting Persons have the right to designate one director for appointment or election to the Board for so long as Aria RES, its affiliates and certain permitted transferees hold at least 50% of the Registrable Securities (as defined in the Stockholders' Agreement) held by Aria RES on September 15, 2021. Aria RES designated Mr. Parkes as a Board member. For the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the Reporting Persons may be deemed a director by deputization with respect to the Issuer on the basis of Mr. Parkes serving on the Board.