Michael Klein - 07 Jul 2021 Form 3 Insider Report for AltC Acquisition Corp. (OKLO)

Role: Chairman, Director, 10%+ Owner
Signature: /s/ Michael Klein
Issuer symbol: OKLO
Transactions as of: 07 Jul 2021
Net transactions value: $0
Form type: 3
Filing time: 07 Jul 2021, 21:57:12 UTC
Previous filing: 14 Jun 2021
Next filing: 02 Jul 2024
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	ALCC	Class B common stock, par value $0.0001 per share							07 Jul 2021	Class A common stock, par value $0.0001 per share	12,500,000		See Footnotes	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported shares of AltC Acquisition Corp. (the "Issuer") are directly held by AltC Sponsor LLC and include 1,250,000 shares of Class B common stock that are subject to forfeiture if the underwriters of the Issuer's initial public offering do not exercise in full an option granted to them to cover over-allotments. Pursuant to the Issuer's Amended and Restated Certificate of Incorporation, the shares of Class B common stock will automatically convert into shares of Class A common stock, par value $0.0001 per share, of the Issuer at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment as described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-254263) The shares of Class B common stock have no expiration date.
F2	Michael Klein is the controlling stockholder of M. Klein Associates, Inc. which is the managing member of AltC Sponsor LLC.

Content

The reported shares of AltC Acquisition Corp. (the "Issuer") are directly held by AltC Sponsor LLC and include 1,250,000 shares of Class B common stock that are subject to forfeiture if the underwriters of the Issuer's initial public offering do not exercise in full an option granted to them to cover over-allotments. Pursuant to the Issuer's Amended and Restated Certificate of Incorporation, the shares of Class B common stock will automatically convert into shares of Class A common stock, par value $0.0001 per share, of the Issuer at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment as described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-254263) The shares of Class B common stock have no expiration date.

Michael Klein is the controlling stockholder of M. Klein Associates, Inc. which is the managing member of AltC Sponsor LLC.