Home/Filings/4/0001079973-22-000232
4//SEC Filing

Palella Salvatore 4

Accession 0001079973-22-000232

CIK 0001788841other

Filed

Mar 10, 7:00 PM ET

Accepted

Mar 11, 7:48 AM ET

Size

10.5 KB

Accession

0001079973-22-000232

Insider Transaction Report

Form 4
Period: 2021-08-12
Helbiz, Inc.HLBZ HLBZW
Palella Salvatore
DirectorCEO and President10% Owner
Transactions
  • Award

    Performance Based Restricted

    2021-08-12$3.05/sh+600,000$1,830,000600,000 total
    Exercise: $0.00Exp: 2030-04-01Class A Common Shares (600,000 underlying)
  • Award

    Stock Options

    2021-08-12$3.05/sh+1,484,721$4,528,3991,484,721 total
    Exercise: $2.16Exp: 2030-04-01Class A Common Stock (1,484,721 underlying)
  • Purchase

    Common Stock (Class A)

    2022-03-08$3.05/sh+50,000$152,500550,000 total
Footnotes (4)
  • [F1]Granted by Helbiz Holdings Inc., under the 2020 Equity Incentive Plan adopted on April 1, 2020. Upon the merger by and among Green Vision Acquisition Corp., Helbiz Holdings Inc., and Green Vision Merge Sub Inc. on August 12, 2021, the options were exchanged for options of Helbiz, Inc., the successor to GreenVision Acquisition Corp.
  • [F2]50% of the options vest on the one-year anniversary of the 2020 Equity Incentive Plan. The remaining stock options vest at a rate of 1.4% a month over the next 36 months. As of the date of this filing 969,244 Stock Options have vest.
  • [F3]Granted by Helbiz Holdings Inc. under the 2020 CEO Performance Plan adopted on April 1,2020. Upon the merger by and among GreenVision Acquisition Corp., Helbiz Holdings Inc., and GreenVision Merger Sub Inc. on August 12,2021, the performance-based restricted shares were exchanged for performance-based restricted shares of Helbiz Inc., the successor to GreenVision Acquisition Corp.
  • [F4]The vesting of these performance-based restricted shares is subject to the attainment of certain performance objectives between 4/1/2020 and 4/1/2030 (the "2020-2030 Performance Period"). The target number (100%) of the total performance-based restricted shares is reported in the table set forth above. The portion of the target number of performance-based restricted shares allocated to each applicable performance objective will vest upon the attainment of the applicable performance objective.

Documents

1 file

Issuer

Helbiz, Inc.

CIK 0001788841

Entity typeother

Related Parties

1
  • filerCIK 0001877209

Filing Metadata

Form type
4
Filed
Mar 10, 7:00 PM ET
Accepted
Mar 11, 7:48 AM ET
Size
10.5 KB