Baucus Max 4
4 · Montana Technologies Corp. · Filed Mar 19, 2024
Insider Transaction Report
Form 4
Baucus Max
Director
Transactions
- Award
Stock Option
2024-03-14+71,395→ 71,395 totalExercise: $0.12Exp: 2031-03-15→ Class A Common Stock (71,395 underlying) - Award
Class A Common Stock
2024-03-14+47,597→ 47,597 total
Footnotes (2)
- [F1]Represents securities received as part of the Issuer's business combination, in connection with that certain Agreement and Plan of Merger, dated as of June 5, 2023 (the "Merger Agreement"), by and between the Issuer (formerly, Power & Digital Infrastructure Acquisition II Corp.), XPDB Merger Sub, LLC and Montana Technologies LLC ("Legacy Montana"), pursuant to which the common units of Legacy Montana automatically converted into newly issued shares of Class A Common Stock. In addition, each Legacy Montana stock option was automatically converted into the right to receive stock options of the Issuer with the same terms and conditions.
- [F2]The stock option is fully vested and exercisable.