Theodore Brombach - 16 Sep 2024 Form 4 Insider Report for Montana Technologies Corp. (AIRJ)

Role
10%+ Owner
Signature
/s/ Theodore J. Brombach
Issuer symbol
AIRJ
Transactions as of
16 Sep 2024
Net transactions value
$0
Form type
4
Filing time
18 Sep 2024, 21:43:10 UTC
Previous filing
26 Jul 2024
Next filing
15 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIRJ Class A Common Stock Other $0 -6,827,969 -100% $0.000000 0 16 Sep 2024 By: XPDI Sponsor II LLC F1, F2
holding AIRJ Class A Common Stock 3,481,338 16 Sep 2024 By: XMS XPDI Sponsor II Holdings LLC F3, F4
holding AIRJ Class A Common Stock 26,372 16 Sep 2024 Direct F5
holding AIRJ Class A Common Stock 49,901 16 Sep 2024 Direct 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 AIRJ Warrants Other -8,900,000 -100% 0 16 Sep 2024 Class A Common Stock 8,900,000 $11.50 By: XPDI Sponsor II LLC F1, F2
holding AIRJ Warrants 2,725,000 16 Sep 2024 Class A Common Stock 2,725,000 $11.50 By: XMS XPDI Sponsor II Holdings LLC F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a pro rata distribution in-kind by XPDI Sponsor II LLC to its members for no consideration (the "Distribution").
F2 XPDI Sponsor II LLC (the "Sponsor") is controlled by its managing members, Transition Equity Partners, LLC ("TEP") and XMS XPDI Sponsor II Holdings, LLC ("XMS XPDI Holdings"). Patrick C. Eilers is the managing member of TEP, and Theodore J. Brombach and John Yogi Spence are the managing members of XMS XPDI Holdings.
F3 Represents securities acquired in the Distribution.
F4 Theodore J. Brombach and John Yogi Spence are the managing members of XMS XPDI Holdings.
F5 Represents securities directly held by Theodore J. Brombach.
F6 Represents securities directly held by John Yogi Spence.