Sinha Saurabh 4
4 · Aeva Technologies, Inc. · Filed Oct 1, 2024
Insider Transaction Report
Form 4
Sinha Saurabh
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2024-09-29$3.33/sh−11,612$38,668→ 757,270 total - Exercise/Conversion
Common Stock
2024-09-29+21,604→ 768,882 total - Exercise/Conversion
Restricted Stock Units
2024-09-29−21,604→ 21,604 total→ Common Stock (21,604 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F2]Represents the number of shares of Common Stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement upon vesting of the restricted stock units and does not represent an open market sale.
- [F3]The restricted stock units vest as to 25% of 172,831 of the underlying shares on September 29, 2021, and the remaining 75% of such underlying shares will vest in six equal semi-annual installments thereafter.
- [F4]Pursuant to the Business Combination Agreement, dated November 2, 2020 (the "Business Combination Agreement"), by and among InterPrivate Acquisition Corp., WLLY Merger Sub Corp. and Aeva, Inc. ("Aeva"), each share of Aeva common stock issued and outstanding immediately prior to the effective time of the transactions contemplated by the Business Combination Agreement was automatically converted into the right to receive a number of shares of the Issuer's Common Stock based on a 1-to-9.07659 conversion ratio.