TRP Capital Partners, LP 4
4 · CarLotz, Inc. · Filed Jun 15, 2021
Insider Transaction Report
Form 4
CarLotz, Inc.LOTZ
TRP Capital Partners, LP
10% Owner
Transactions
- Award
Class A Common Stock
2021-06-11+10,558→ 10,558 total(indirect: See Footnote) - Award
Restricted Stock Units
2021-06-11+49,540→ 49,540 total(indirect: See Footnote)→ Class A Common Stock (49,540 underlying)
Holdings
- 21,739,678
Class A Common Stock
Footnotes (3)
- [F1]These shares were granted pursuant to the Issuer's 2020 Incentive Award Plan, consisting of 5,279 shares granted to David R. Mitchell and 5,279 shares granted to Steven G. Carrel, each a Managing Director of the Reporting Person, in their capacity as directors of the Issuer. Each of David R. Mitchell and Steven G. Carrel has an understanding with the Reporting Person pursuant to which he holds such shares for the benefit of the Reporting Person.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of Class A Common Stock.
- [F3]These Restricted Stock Units were granted pursuant to the Issuer's 2020 Incentive Award Plan, consisting of 24,770 Restricted Stock Units granted to David R. Mitchell and 24,770 Restricted Stock Units granted to Steven G. Carrel, each a Managing Director of the Reporting Person, in their capacity as directors of the Issuer. These Restricted Stock Units vest on the earlier of (i) the day immediately preceding the date of the first annual meeting of stockholders following the date of grant and (ii) the first anniversary of the date of grant. Each of David R. Mitchell and Steven G. Carrel has an understanding with the Reporting Person pursuant to which he holds such Restricted Stock Units for the benefit of the Reporting Person.