James AC McDermott - Feb 22, 2023 Form 4 Insider Report for Decarbonization Plus Acquisition Corp IV (DCRD)

Role: Director
Signature: James AC McDermott, /s/ Peter Haskopoulos, Attorney-in-fact
Stock symbol: DCRD
Transactions as of: Feb 22, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/22/2023, 06:47 PM
Previous filing: Jan 18, 2023

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	DCRD	Class B Common Shares	Disposed to Issuer		-37.4K	-100%		0	Feb 22, 2023	Class A Common Shares	37.4K		Direct	F1, F2

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

James AC McDermott is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	In connection with the closing of the business combination (the "Business Combination") between Decarbonization Plus Acquisition Corporation IV ("DCRD"), Hammerhead Resources Inc., an Alberta corporation ("Hammerhead"), Hammerhead Energy Inc., an Alberta corporation and wholly owned subsidiary of Hammerhead ("NewCo"), and 2453729 Alberta ULC, an Alberta unlimited liability corporation and wholly owned subsidiary of DCRD, on February 21, 2023, DCRD transferred by way of continuation from the Cayman Islands to the Province of Alberta, Canada in accordance with the Cayman Islands Companies Act (as amended) and domesticated as an Alberta corporation in accordance with the applicable provisions of the Business Corporations Act (Alberta) (such transfer by way of continuation and domestication, the "Domestication").
F2	(Continued from footnote 1) Pursuant to the Domestication, each Class B ordinary share of DCRD was exchanged for one Class B common share of DCRD ("DCRD Class B Common Share"). Following the Domestication, on February 22, 2023, DCRD amalgamated with NewCo (the "SPAC Amalgamation") to form one corporate entity ("New SPAC") with NewCo surviving the SPAC Amalgamation as New SPAC. Pursuant to the SPAC Amalgamation, each DCRD Class B Common Share issued and outstanding immediately prior to the effective time of the SPAC Amalgamation was exchanged, on a one-for-one basis, for a Class B common share in the authorized share capital of New SPAC.

Content

In connection with the closing of the business combination (the "Business Combination") between Decarbonization Plus Acquisition Corporation IV ("DCRD"), Hammerhead Resources Inc., an Alberta corporation ("Hammerhead"), Hammerhead Energy Inc., an Alberta corporation and wholly owned subsidiary of Hammerhead ("NewCo"), and 2453729 Alberta ULC, an Alberta unlimited liability corporation and wholly owned subsidiary of DCRD, on February 21, 2023, DCRD transferred by way of continuation from the Cayman Islands to the Province of Alberta, Canada in accordance with the Cayman Islands Companies Act (as amended) and domesticated as an Alberta corporation in accordance with the applicable provisions of the Business Corporations Act (Alberta) (such transfer by way of continuation and domestication, the "Domestication").

(Continued from footnote 1) Pursuant to the Domestication, each Class B ordinary share of DCRD was exchanged for one Class B common share of DCRD ("DCRD Class B Common Share"). Following the Domestication, on February 22, 2023, DCRD amalgamated with NewCo (the "SPAC Amalgamation") to form one corporate entity ("New SPAC") with NewCo surviving the SPAC Amalgamation as New SPAC. Pursuant to the SPAC Amalgamation, each DCRD Class B Common Share issued and outstanding immediately prior to the effective time of the SPAC Amalgamation was exchanged, on a one-for-one basis, for a Class B common share in the authorized share capital of New SPAC.