Biederman Christopher J. 4
4 · Li-Cycle Holdings Corp. · Filed Jan 29, 2025
Insider Transaction Report
Form 4
Biederman Christopher J.
Chief Technology Officer
Transactions
- Sale
Common Shares
2025-01-27$1.07/sh−526$565→ 90,076 total
Footnotes (2)
- [F1]The transaction reported reflects automatic sell to cover transactions that do not represent a discretionary trade by the Reporting Person in order to pay the tax liability arising from the vesting and settlement of restricted stock units ("RSUs").
- [F2]Includes 73,004 RSUs awarded to the reporting person under the Li-Cycle Holdings Corp. 2021 Incentive Award Plan. Each RSU represents the contingent right to receive one common share of Li-Cycle Holdings Corp. subject to time-vesting conditions in accordance with the underlying award and the reporting person's continued service through such vesting date. On June 3, 2024, Li-Cycle Holdings Corp. effected a share consolidation of its common shares (the "Share Consolidation") at a consolidation ratio of one post-consolidation share for every eight pre-consolidation shares. The aforementioned number of RSUs have been adjusted to correct an arithmetic error in a prior Form 4 filing by fully reflecting the Share Consolidation.