Home/Filings/4/0000899243-20-035035
4//SEC Filing

Hayes Christopher M. 4

Accession 0000899243-20-035035

CIK 0001772720other

Filed

Dec 22, 7:00 PM ET

Accepted

Dec 23, 6:00 PM ET

Size

8.2 KB

Accession

0000899243-20-035035

Insider Transaction Report

Form 4
Period: 2020-12-21
Hayes Christopher M.
DirectorPresident & CEO
Transactions
  • Award

    Stock Option (right to buy)

    2020-12-21+286,405286,405 total
    Exercise: $0.27From: 2020-12-21Exp: 2030-02-06Common Stock (286,405 underlying)
  • Award

    Stock Option (right to buy)

    2020-12-21+95,46895,468 total
    Exercise: $0.24From: 2020-12-21Exp: 2018-05-24Common Stock (95,468 underlying)
Footnotes (2)
  • [F1]Received pursuant to 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 XL Hybrids, Inc., a Delaware corporation ("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"), in exchange for a stock option to acquire 126,083 shares of Legacy XL common stock for $0.18 per share.
  • [F2]Received in the Merger in exchange for a stock option to acquire 378,248 shares of Legacy XL common stock for $0.20 per share.

Issuer

XL Fleet Corp.

CIK 0001772720

Entity typeother

Related Parties

1
  • filerCIK 0001836797

Filing Metadata

Form type
4
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 6:00 PM ET
Size
8.2 KB