4//SEC Filing
Kazarinoff Dimitri 4
Accession 0000899243-20-035029
CIK 0001772720other
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 5:54 PM ET
Size
7.9 KB
Accession
0000899243-20-035029
Insider Transaction Report
Form 4
Kazarinoff Dimitri
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2020-12-21+15,346→ 15,346 total - Award
Stock Option (right to buy)
2020-12-21+3,808,966→ 3,808,966 totalExercise: $0.24Exp: 2029-12-05→ Common Stock (3,808,966 underlying)
Footnotes (3)
- [F1]Mr. Kazarinoff received 15,346 shares in exchange for his 20,267 shares of XL Hybrids, Inc., a Delaware corporation ("Legacy XL"), in connection with the Agreement and Plan of Reorganization, dated as of September 17, 2020, by and among Pivotal Investment Corporation II ("Pivotal"), PIC II Merger Sub Corp., a Delaware corporation and wholly owned subsidiary of Pivotal ("Merger Sub"), and Legacy XL, pursuant to which Merger Sub merged with and into Legacy XL (the "Merger"), with Legacy XL surviving as a wholly-owned subsidiary of Pivotal (which subsequently changed its name to "XL Fleet Corp.", the "Issuer").
- [F2]The shares underlying this option vest in 48 equal monthly starting on October 7, 2019 subject to Mr. Kazarinoff's continued service through the applicable vesting dates.
- [F3]Received in the Merger in exchange for a stock option to acquire 5,030,400 shares of Legacy XL common stock for $0.18 per share.
Documents
Issuer
XL Fleet Corp.
CIK 0001772720
Entity typeother
Related Parties
1- filerCIK 0001834765
Filing Metadata
- Form type
- 4
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 5:54 PM ET
- Size
- 7.9 KB