ARES MANAGEMENT LLC - 21 Jul 2022 Form 3 Insider Report for OPAL Fuels Inc. (OPAL)

Role
10%+ Owner
Signature
Ares Management LLC, By: /s/ Naseem Sagati Aghili, Authorized Signatory
Issuer symbol
OPAL
Transactions as of
21 Jul 2022
Transactions value $
$0
Form type
3
Filing time
01 Aug 2022, 19:01:54 UTC
Previous filing
08 Jun 2022
Next filing
28 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OPAL Class A Common Stock 3,059,533 21 Jul 2022 See footnotes F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities reported herein are held of record by ARCC Beacon LLC.
F2 Ares Partners Holdco LLC ("Ares Partners") is the sole member of each of Ares Voting LLC and Ares Management GP LLC, which are respectively the holders of the Class B and Class C common stock of Ares Management Corporation ("Ares Management"), which common stock allows them, collectively, to generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. Ares Management is the sole member of Ares Holdco LLC, which is the general partner of Ares Management Holdings L.P., which is the sole member of Ares Management LLC, which is the sole member of Ares Capital Management, which is the manager of Ares Capital Corporation, which is the sole member of ARCC Beacon LLC.
F3 Ares Partners is managed by a board of managers, which is composed of Michael J Arougheti, Ryan Berry, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the "Board Members"). Mr. Ressler generally has veto authority over Board Members' decisions. Each of these individuals disclaims beneficial ownership of the securities that may be deemed to be beneficially owned by Ares Partners.