Flanagan Declan 4
4 · XL Fleet Corp. · Filed Mar 2, 2021
Insider Transaction Report
Form 4
Flanagan Declan
Director
Transactions
- Award
Stock Option (right to buy)
2021-02-26+3,567→ 3,567 totalExercise: $14.17Exp: 2031-02-26→ Common Stock (3,567 underlying) - Award
Common Stock
2021-02-26+2,205→ 2,205 total - Award
Common Stock
2021-02-26+7,940→ 10,145 total - Award
Stock Option (right to buy)
2021-02-26+12,843→ 12,843 totalExercise: $14.17Exp: 2031-02-26→ Common Stock (12,843 underlying)
Footnotes (4)
- [F1]The securities awarded are in the form of restricted stock units issued pursuant to the issuer's 2020 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of issuer common stock. Subject to the reporting person's continued service through the vesting date, the restricted stock units shall become fully vested on the first anniversary of December 21, 2020.
- [F2]The securities awarded are in the form of restricted stock units issued pursuant to the issuer's 2020 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of issuer common stock. Subject to the reporting person's continued service through the applicable vesting date, 1/3rd of the restricted stock units shall vest every 12 months from December 21, 2020 until all shares underlying this award have vested.
- [F3]The shares underlying this option shall become fully vested on the first anniversary of December 21, 2020, subject to the reporting person's continued service through the vesting date.
- [F4]The shares underlying this option shall vest in equal installments on the first, second and third anniversary of December 21, 2020 until all shares underlying this option have vested, subject to the reporting person's continued service through the applicable vesting date.