Sec Form 4 Filing - Raynor Bruce S @ Montauk Renewables, Inc. - 2021-01-26

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person Raynor Bruce S 2. Issuer Name and Ticker or Trading Symbol Montauk Renewables, Inc. [ MNTK] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 680 ANDERSEN DRIVE, 5TH FLOOR 3. Date of Earliest Transaction (MM/DD/YY) 01/26/2021 (Street) PITTSBURGH, PA15220 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Contract for Difference ( 1 ) ( 2 ) 01/26/2021( 1 ) J 1 ( 1 ) ( 2 ) ( 2 ) Common Stock 370,472 ( 1 ) ( 2 ) 370,472 I See footnotes ( 1 ) ( 3 ) Contract for Difference ( 1 ) ( 2 ) 01/26/2021( 1 ) J 1 ( 1 ) ( 2 ) ( 2 ) Common Stock 534,606 ( 1 ) ( 2 ) 534,606 I See footnote ( 1 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Raynor Bruce S 680 ANDERSEN DRIVE, 5TH FLOOR PITTSBURGH, PA15220 X Signatures /s/ John Ciroli by Power of Attorney 04/01/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On January 13, 2021, Mr. Raynor and his spouse (together, the "Reporting Person") entered into contracts for difference ("CFDs") with Legae Peresec (BVI) Ltd ("Peresec") for a commission of ZAR 498,212.90 with respect to 534,606 and 370,472 ordinary shares, respectively, of Montauk Holding Limited ("MNK"). On January 26, 2021, MNK completed the distribution (the "Distribution"), as a stock dividend payable to all holders of record of its ordinary shares on January 21, 2021, of one share of Montauk Renewables, Inc. (the "Issuer") common stock for each MNK ordinary share held. On January 26, 2021, Peresec adjusted the CFDs in its role as calculation agent, to account for the Distribution, which adjustment gave the Reporting Person a pecuniary interest in 905,078 shares of the Issuer's common stock. ( 2 )The CFDs have no stated expiration date, subject to early unwind by the parties thereto. ( 3 )Mr. Raynor's spouse is the party to the CFD.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.