Form 4: LanzaTech Global Director McWhorter Reports Stock Transactions
SEC Form 4
Director Dorri McWhorter reports the vesting and conversion of 20,000 Restricted Stock Units (RSUs) into common stock and the grant of an additional 32,467 RSUs.
Summary
- On February 8, 2024, Director Dorri McWhorter converted 20,000 Restricted Stock Units (RSUs) into 20,000 shares of LanzaTech Global, Inc. common stock.
- These RSUs, granted on May 2, 2023, vested in full on February 8, 2024.
- Additionally, on April 6, 2024, McWhorter was granted 32,467 RSUs, which will vest on March 6, 2025.
- Each RSU represents a contingent right to receive one share of LanzaTech Global, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the holdings and transactions of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 2023-05-02 | Reporting Person was granted 20,000 RSUs |
| 2024-02-08 | 20,000 RSUs vested and converted into common stock |
| 2024-04-06 | Reporting Person was granted 32,467 RSUs |
| 2024-04-09 | Date of Form 4 filing |
| 2025-03-06 | 32,467 RSUs will vest |
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