Home/Filings/4/0001104659-21-147776
4//SEC Filing

Johnson Derek Colby 4

Accession 0001104659-21-147776

CIK 0001844862other

Filed

Dec 7, 7:00 PM ET

Accepted

Dec 8, 7:56 PM ET

Size

9.0 KB

Accession

0001104659-21-147776

Insider Transaction Report

Form 4
Period: 2021-12-08
Johnson Derek Colby
Chief Operating Officer
Transactions
  • Award

    Stock Option (Right to Buy)

    2021-12-08954,594954,594 total
    Exercise: $0.17Exp: 2030-01-30Common Stock (954,594 underlying)
  • Award

    Stock Option (Right to Buy)

    2021-12-08954,5931,909,187 total
    Exercise: $5.02Exp: 2031-08-03Common Stock (954,593 underlying)
Footnotes (3)
  • [F1]25% of the total number of shares issuable upon exercise of the option vested on January 27, 2021, and 1/36 of the remaining shares issuable upon exercise of the option vested or will vest, as applicable, monthly thereafter.
  • [F2]On December 8, 2021, the Issuer completed 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 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) an exchange ratio calculated at closing (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.
  • [F3]25% of the total number of 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 vested or will vest, as applicable, monthly thereafter.

Issuer

Decarbonization Plus Acquisition Corp III

CIK 0001844862

Entity typeother

Related Parties

1
  • filerCIK 0001882289

Filing Metadata

Form type
4
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 7:56 PM ET
Size
9.0 KB