Home/Filings/4/0001209191-20-053744
4//SEC Filing

Sexton Patrick 4

Accession 0001209191-20-053744

CIK 0001759631other

Filed

Oct 4, 8:00 PM ET

Accepted

Oct 5, 5:17 PM ET

Size

8.7 KB

Accession

0001209191-20-053744

Insider Transaction Report

Form 4
Period: 2020-10-01
Sexton Patrick
Chief Technology Officer
Transactions
  • Award

    Stock Option (Right to Buy)

    2020-10-01+218,580218,580 total
    Exercise: $0.23Exp: 2030-01-15Common Stock (218,580 underlying)
  • Award

    Stock Option (Right to Buy)

    2020-10-01+218,580218,580 total
    Exercise: $0.16Exp: 2029-07-17Common Stock (218,580 underlying)
Footnotes (4)
  • [F1]Received pursuant to the Business Combination Agreement and Plan of Reorganization, dated as of June 18, 2020, by and among Tortoise Acquisition Corp. ("Tortoise"), Hyliion Inc. ("Legacy Hyliion") and SHLL Merger Sub Inc., a wholly-owned subsidiary of Tortoise ("Merger Sub"), pursuant to which Merger Sub merged with and into Legacy Hyliion, with Legacy Hyliion surviving the merger as a wholly-owned subsidiary of Tortoise (which subsequently changed its name to "Hyliion Holdings Corp.", the "Issuer").
  • [F2]Options vested as to 25% on June 3, 2020 and in equal quarterly installments thereafter over the following three years. Subject to acceleration.
  • [F3]Received in exchange for an option to purchase 150,000 shares of Legacy Hyliion common stock.
  • [F4]Options vests as to 25% on January 16, 2021 and in equal quarterly installments thereafter over the following three years. Subject to acceleration.

Issuer

Hyliion Holdings Corp.

CIK 0001759631

Entity typeother

Related Parties

1
  • filerCIK 0001825484

Filing Metadata

Form type
4
Filed
Oct 4, 8:00 PM ET
Accepted
Oct 5, 5:17 PM ET
Size
8.7 KB