4//SEC Filing
Jansen David B 4
Accession 0001104659-21-147775
CIK 0001844862other
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 7:55 PM ET
Size
10.9 KB
Accession
0001104659-21-147775
Insider Transaction Report
Form 4
Jansen David B
DirectorPresident
Transactions
- Award
Common Stock
2021-12-08+795,495→ 795,495 total - Award
Stock Option (Right to Buy)
2021-12-08+1,272,791→ 2,863,781 totalExercise: $5.02Exp: 2031-08-03→ Common Stock (1,272,791 underlying) - Award
Stock Option (Right to Buy)
2021-12-08+1,590,990→ 1,590,990 totalExercise: $0.03From: 2021-12-08Exp: 2027-02-01→ Common Stock (1,590,990 underlying)
Footnotes (4)
- [F1]Reflects shares of Common Stock, par value $0.0001, of the Issuer acquired upon the completion of the merger (the "Merger") pursuant to the as amended Business Combination Agreement and Plan of Reorganization, by and among the Issuer, a wholly owned subsidiary of the Issuer, and Solid Power, Inc. ("Solid Power"). At the effective time of the Merger (the "Effective Time"), each share of Solid Power common stock issued and outstanding immediately prior to the Effective Time was canceled and converted into the right to receive the number of shares of Common Stock of the Issuer equal to an exchange ratio calculated at closing (the "Exchange Ratio").
- [F2]In connection with the Merger, at the Effective Time, each share of Solid Power common stock issued and outstanding immediately prior to the Effective Time was canceled and converted into the right to receive the number of shares of Common Stock of the Issuer equal to the Exchange Ratio.
- [F3]At the Effective Time, each Solid Power option was converted into an option to purchase a number of shares of Common Stock of the Issuer, equal to the product (rounded down to the nearest whole number) of (x) the number of shares of Solid Power Common Stock subject to such Solid Power Option immediately prior to the Effective Time and (y) the Exchange Ratio, at an exercise price per share (rounded up to the nearest whole cent) equal to (A) the exercise price per share of such Solid Power Option immediately prior to the Effective Time divided by (B) the Exchange Ratio.
- [F4]25% of the shares issuable upon exercise of the option will vest on August 3, 2022, and 1/36 of the remaining shares issuable upon exercise of the option will vest monthly thereafter.
Documents
Issuer
Decarbonization Plus Acquisition Corp III
CIK 0001844862
Entity typeother
Related Parties
1- filerCIK 0001882291
Filing Metadata
- Form type
- 4
- Filed
- Dec 7, 7:00 PM ET
- Accepted
- Dec 8, 7:55 PM ET
- Size
- 10.9 KB