Gupta Geeta 4
4 · Fisker Inc./DE · Filed Nov 2, 2020
Insider Transaction Report
Form 4
Gupta Geeta
DirectorChief Financial Officer
Transactions
- Award
Class A Common Stock
2020-10-29+941,518→ 941,518 total(indirect: By LLC) - Award
Stock Option
2020-10-29+7,961,727→ 7,961,727 totalExercise: $0.06Exp: 2026-12-19→ Class A Common Stock (7,961,727 underlying) - Award
Class B Common Stock
2020-10-29+66,177,064→ 66,177,064 total→ Class A Common Stock (66,177,064 underlying)
Footnotes (6)
- [F1]Received in exchange for 334,220 shares of Class A Common Stock of Fisker Inc., a Delaware corporation (which subsequently changed its name to "Fisker Group Inc.") ("Legacy Fisker"), pursuant to the Business Combination Agreement and Plan of Reorganization, dated as of July 10, 2020, by and among Spartan Energy Acquisition Corp., a Delaware corporation (which subsequently changed its name to "Fisker Inc." ("the Issuer")), Spartan Merger Sub Inc., a Delaware corporation, and Legacy Fisker (the "BCA").
- [F2]Dr. Gupta, a member of the Issuer's Board of Directors serves as a Member of HF Holdco, LLC and as such, has shared voting and dispositive power with respect to the shares held by HF Holdco, LLC. and may be deemed to beneficially own the shares of Class A Common Stock held by HF Holdco, LLC.
- [F3]The Class B Common Stock will be convertible into shares of Class A Common Stock on a one-to-one basis at the option of the holders of the Class B Common Stock at any time upon written notice to the Issuer. In addition, the Class B Common Stock will automatically convert into shares of Class A Common Stock immediately prior to the close of business on the earliest to occur of certain events specified in the Issuer's Second Amended and Restated Certificate of Incorporation.
- [F4]Received pursuant to the BCA in exchange for 24,363,670 shares of Legacy Fisker Class B Common Stock.
- [F5]Received pursuant to the BCA in exchange for an option to purchase 2,647,060 shares of Legacy Fisker Class A Common Stock.
- [F6]The stock option is fully vested and immediately exercisable.