Nicholas Stork - Sep 15, 2021 Form 4 Insider Report for Archaea Energy Inc. (LFG)

Role: Chief Executive Officer, Director
Signature: /s/ Lindsay Ellis as Attorney-in-Fact
Stock symbol: LFG
Transactions as of: Sep 15, 2021
Transactions value $: $500,000
Form type: 4
Date filed: 9/17/2021, 05:06 PM
Next filing: Apr 5, 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LFG	Class A Common Stock	Award	$500K	+50K		$10.00	50K	Sep 15, 2021	By Stork Partners, LLC	F1, F2
transaction	LFG	Class B Common Stock	Award		+1.63M			1.63M	Sep 15, 2021	By Struan & Company, LLC	F3, F4
transaction	LFG	Class B Common Stock	Award		+1.59M			1.59M	Sep 15, 2021	By Rothwell-Gornt, LLC	F3, F5
transaction	LFG	Class B Common Stock	Award		+796K			796K	Sep 15, 2021	By Stork Partners, LLC	F2, F3, F6

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
transaction	LFG	Class A Units of LFG Acquisition Holdings LLC	Award		+1.63M			1.63M	Sep 15, 2021	Class A Common Stock	1.63M		By Struan & Company, LLC	F3, F4, F7
transaction	LFG	Class A Units of LFG Acquisition Holdings LLC	Award		+1.59M			1.59M	Sep 15, 2021	Class A Common Stock	1.59M		By Rothwell-Gornt, LLC	F3, F5, F7
transaction	LFG	Class A Units of LFG Acquisition Holdings LLC	Award		+796K			796K	Sep 15, 2021	Class A Common Stock	796K		By Stork Partners, LLC	F2, F3, F6, F7

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

Explanation of Responses:

Id	Content
F1	On April 7, 2021, the issuer (f/k/a Rice Acquisition Corp.) entered into subscription agreements with certain investors (the "PIPE Investors") pursuant to which the PIPE Investors agreed to purchase shares of the issuer's Class A common stock for $10.00 per share in connection with, and conditioned upon, the substantially concurrent consummation of certain transactions, including the Business Combination (as defined below). As one of the PIPE Investors, on September 15, 2021, Stork Partners, LLC acquired 50,000 shares of the issuer's Class A common stock for $10.00 per share.
F2	Stork Partners, LLC is a limited liability company controlled by Mr. Stork. As such, Mr. Stork may be deemed to have beneficial ownership of the securities held of record by Stork Partners, LLC. Mr. Stork disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F3	On September 15, 2021, as a result of the consummation of the transactions (the "Business Combination") contemplated by that certain Business Combination Agreement, dated April 7, 2021 and subsequently amended on May 12, 2021, by and among the issuer, LFG Acquisition Holdings LLC (f/k/a Rice Acquisition Holdings LLC) ("Opco"), Archaea Energy LLC, Archaea Energy II LLC ("Archaea II") and the other parties thereto, in exchange for the equity interests of Archaea II, which were cancelled, Archaea Energy LLC and its members received Opco Class A units and a corresponding number of shares of the issuer's Class B common stock (which together are exchangeable into shares of the issuer's Class A Common Stock on a one-for-one basis).
F4	As a result of the Business Combination, Struan & Company, LLC, as a member of Archaea Energy LLC, received 1,632,864 Opco Class A units and a corresponding number of shares of the issuer's Class B common stock (which together are exchangeable into shares of the issuer's Class A Common Stock on a one-for-one basis). Mr. Stork serves as manager of Struan & Company, LLC. As such, Mr. Stork may be deemed to have beneficial ownership of the securities held of record by Struan & Company, LLC. Mr. Stork disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F5	As a result of the Business Combination, Rothwell-Gornt, LLC, as a member of Archaea Energy LLC, received 1,592,565 Opco Class A units and a corresponding number of shares of the issuer's Class B common stock (which together are exchangeable into shares of the issuer's Class A Common Stock on a one-for-one basis). Rothwell-Gornt, LLC is a limited liability company controlled by Mr. Stork. As such, Mr. Stork may be deemed to have beneficial ownership of the securities held of record by Rothwell-Gornt, LLC. Mr. Stork disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F6	As a result of the Business Combinations, Stork Partners, LLC, as a member of Archaea Energy LLC, received 796,282 Opco Class A units and a corresponding number of shares of the issuer's Class B common stock (which together are exchangeable into shares of the issuer's Class A Common Stock on a one-for-one basis).
F7	The Opco Class A Units (together with the corresponding shares of the issuer's Class B common stock) are exchangeable into shares of the issuer's Class A common stock on a one-for-one basis and have no expiration date.