4//SEC Filing
Nanus David 4
Accession 0001104659-24-130843
CIK 0001821159other
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 4:30 PM ET
Size
13.9 KB
Accession
0001104659-24-130843
Insider Transaction Report
Form 4
EVgo Inc.EVGO
Nanus David
Director
Transactions
- Conversion
Class B Common Stock
2024-12-18−23,000,000→ 172,800,000 total(indirect: See footnote)→ Class A Common Stock (23,000,000 underlying) - Sale
Class A Common Stock
2024-12-18$5.00/sh−23,000,000$115,000,000→ 5,882,352 total(indirect: See footnote) - Conversion
EVgo OpCo LLC Units
2024-12-18−23,000,000→ 172,800,000 total(indirect: See footnote)→ Class A Common Stock (23,000,000 underlying) - Conversion
Class A Common Stock
2024-12-18+23,000,000→ 28,882,352 total(indirect: See footnote)
Footnotes (4)
- [F1]The terms of the Amended and Restated Limited Liability Company Agreement of OpCo (as defined below) provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units, together with an equal number of shares of Class B Common Stock of the EVgo Inc. (the "Issuer") for shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed (the "Redemption Right"), subject to conversion rate and other settlement adjustments. The OpCo LLC Units, the shares of Class B Common Stock and the right to exercise the Redemption Right have no expiration date.
- [F2]The reported securities were sold in an underwritten public offering at the public offering price of $5.00 per share.
- [F3]The shares of Class B Common Stock of the Issuer and units of EVgo OpCo, LLC ("OpCo") are held directly by EVgo Holdings, LLC, a Delaware limited liability company ("EVgo Holdings"). EVgo Holdings is controlled by EVgo Member Holdings, LLC, a Delaware limited liability company ("EVgo Member"), and directly holds all reported securities except the 5,882,352 shares of Class A Common Stock of the Issuer, which are directly held by EVgo Member. The sole member of EVgo Member is LS Power Equity Partners IV, L.P., a Delaware limited partnership ("LSPEP IV"), which is managed by LS Power Equity Advisors, LLC, a Delaware limited liability company ("LSP Advisors" and together with EVgo Member and LSPEP IV, the "LS Power Entities").
- [F4]The reporting person, through his position, relationship and/or affiliation with the LS Power Entities, may have shared voting and investment power with respect to the shares beneficially owned by the LS Power Entities. As such, the reporting person may be deemed to have or share beneficial ownership of the shares beneficially owned by the LS Power Entities. The reporting person disclaims beneficial ownership of such shares.
Documents
Issuer
EVgo Inc.
CIK 0001821159
Entity typeother
Related Parties
1- filerCIK 0001870860
Filing Metadata
- Form type
- 4
- Filed
- Dec 19, 7:00 PM ET
- Accepted
- Dec 20, 4:30 PM ET
- Size
- 13.9 KB