Kauss Sarah M 4
4 · CarLotz, Inc. · Filed Jun 6, 2022
Insider Transaction Report
Form 4
CarLotz, Inc.LOTZ
Kauss Sarah M
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2022-06-02+24,770→ 30,049 total - Exercise/Conversion
Restricted Stock Units
2022-06-02−24,770→ 0 total→ Class A Common Stock (24,770 underlying) - Award
Restricted Stock Units
2022-06-02+217,665→ 217,665 total→ Class A Common Stock (217,665 underlying)
Footnotes (3)
- [F1]These shares of Class A common stock reflect the settlement of Restricted Stock Units of the Issuer on June 2, 2022. Each Restricted Stock Unit is convertible into a share of Class A common stock on a 1-for-1 basis.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of Class A common stock.
- [F3]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.