Adam Comora - Apr 8, 2025 Form 4 Insider Report for OPAL Fuels Inc. (OPAL)

Role: Co-Chief Executive Officer
Signature: /s/ John Coghlin as Attorney-in-Fact
Stock symbol: OPAL
Transactions as of: Apr 8, 2025
Transactions value $: $0
Form type: 4
Date filed: 4/10/2025, 07:14 PM
Previous filing: Apr 2, 2025
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
transaction	OPAL	Stock options (right to buy)	Award	$0	+278K		$0.00	278K	Apr 8, 2025	Class A common stock	278K	$1.53	Direct	F1, F2, F3, F4, F5

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

Explanation of Responses:

Id	Content
F1	Granted pursuant to the Issuer's 2022 Omnibus Equity Incentive Plan (the "Plan").
F2	The Reporting Person was granted an option to purchase shares of the Issuer's Class A common stock (the "Option") at an exercise price of $1.53 per share, which was the volume weighted average price of the Issuer's Class A common stock for the five days immediately preceding April 8, 2025, as quoted on the Nasdaq Stock Market. The Option vests in three (3) equal installments on each of the following dates: (i) March 31, 2026, (ii) March 31, 2027, and (iii) March 31, 2028, provided, that the Reporting Person continues to provide services to the Issuer through the applicable vesting date.
F3	In the event that the Reporting Person's employment is terminated by reason of the Reporting Person's disability or termination without cause, the Options shall vest with respect to the number of shares of Class A common stock that would have vested upon the next vesting date following such termination, had the Reporting Person remained an employee.
F4	Notwithstanding the foregoing, upon the occurrence of a termination of employment by reason of the Reporting Person's (i) termination without cause; or (ii) resignation for good reason, in connection with or within the 24 months following the consummation of a Change in Control (as defined in the Plan and the relevant award agreement), any unvested portion of the Option shall accelerate and vest in full.
F5	Upon the occurrence of a termination by reason of the Reporting Person's death, any unvested portion of the Option shall accelerate and vest in full.