3//SEC Filing
Beard Energy Transition Acquisition Sponsor LLC 3
Accession 0000899243-21-045937
CIK 0001847351other
Filed
Nov 22, 7:00 PM ET
Accepted
Nov 23, 9:12 PM ET
Size
11.8 KB
Accession
0000899243-21-045937
Insider Transaction Report
Form 3
Holdings
Class B Units of Beard Energy Transition Acquisition Holding
→ Class A Common Stock (5,750,000 underlying)
Footnotes (2)
- [F1]For each Class B Unit of Beard Energy Transition Acquisition Holdings LLC ("Opco"), the Reporting Person owns a corresponding share of the Issuer's Class B common stock. In connection with the Issuer's initial business combination, the Class B Units of Opco will convert into Class A Units of Opco on a one-for-one basis, subject to adjustment. The Class A Units of Opco (together with the corresponding shares of the Issuer's Class B common stock) will be exchangeable into shares of the Issuer's Class A common stock after the time of the Issuer's initial business combination on a one-for-one basis and have no expiration date.
- [F2]Includes 750,000 Class B Units of Opco (and corresponding shares of Class B Common Stock) that are subject to forfeiture if the underwriter in the Issuer's initial public offering of units does not exercise its over-allotment option.
Issuer
Beard Energy Transition Acquisition Corp.
CIK 0001847351
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001856231
Filing Metadata
- Form type
- 3
- Filed
- Nov 22, 7:00 PM ET
- Accepted
- Nov 23, 9:12 PM ET
- Size
- 11.8 KB