EIF United States Power Fund IV, L.P.'s Form 4 filing
Archaea Energy Inc.LFG · filed Mar 28, 2022
- Accession no.
- 0001209191-22-021399
- Filed
- Mar 28, 2022, 9:49 PM ET
- Trade date
- Mar 25, 2022
- Filing delay
- 3 days
- 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 $254.6M. It was filed 3 days after the trade.
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 |
|---|---|
| EIF United States Power Fund IV, L.P.CIK 0001494533 | 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 |
|---|---|---|---|---|---|---|---|---|
| Mar 25, 2022 | Class B Common Stock | JOtherDisposed | −14,942,643 | $0.00 | $0 | 0 | Direct | Duplicate filing |
| Mar 25, 2022 | Class A Common Stock | CConversionAcquired | +14,942,643 | $0.00 | $0 | 14,942,643 | Direct | Duplicate filing |
| Mar 25, 2022 | Class A Common Stock | SSaleDisposed | −14,942,643 | $17.04 | −$254,622,636.72 | 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 |
|---|---|---|---|---|---|---|---|---|
| Mar 25, 2022 | Class A Common Stock | CConversionDisposed | −14,942,643 | $0.00 | $0 | 0 | Direct | Duplicate filing |
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
Pursuant to the terms of the Stockholders' Agreement, dated September 15, 2021, by and among Aria RES, the Issuer and certain other stockholders party thereto, the Reporting Persons and certain other reporting persons had the right to designate one director for appointment or election to the Issuer's Board of Directors for so long as Aria RES, its affiliates and certain permitted transferees held at least 50% of the Registrable Securities (as defined in the Stockholders' Agreement) held by Aria RES on September 15, 2021. Aria RES designated Scott Parkes as a Board member. As a result of the Sale reported on this Form 4, Mr. Parkes' term as a member of the Issuer's Board automatically ended.