4//SEC Filing
Reeser Timothy 4
Accession 0001104659-22-010411
CIK 0001802749other
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 5:15 PM ET
Size
7.8 KB
Accession
0001104659-22-010411
Insider Transaction Report
Form 4
Reeser Timothy Richard
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Employee Stock Option
2022-01-31−15,000→ 831,532 totalExercise: $0.05Exp: 2022-12-31→ Common Stock (15,000 underlying) - Exercise/Conversion
Common Stock
2022-01-31$0.05/sh+15,000$750→ 1,131,222 total
Footnotes (1)
- [F1]In connection with the Business Combination Agreement, dated as of December 10, 2020, by and among GigCapital3, Inc., Project Power Merger Sub, Inc., a direct, wholly-owned subsidiary of GigCapital3, Inc., and Lightning Systems, Inc, 846,532 shares of New Lightning eMotors Common Stock are issuable upon the exercise of New Lightning eMotors options issued in exchange of pre-merger Lightning Systems options at a price of $0.05 per share. 282,177 New Lightning eMotors options were immediately exercisable, and the remaining options vest in three ratable installments on October 1, 2021, 2022 and 2023. The pre-merger Lightning Systems options were converted into New Lightning eMotors options to purchase 846,532 shares of New Lightning eMotors Common Stock at the exchange ratio of 0.940591804.
Documents
Issuer
Lightning eMotors, Inc.
CIK 0001802749
Entity typeother
Related Parties
1- filerCIK 0001857500
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 5:15 PM ET
- Size
- 7.8 KB