Finnucan John C IV 4
4 · Fisker Inc./DE · Filed Nov 2, 2020
Insider Transaction Report
Form 4
Finnucan John C IV
Chief Accounting Officer
Transactions
- Award
Stock Option
2020-10-29+54,324→ 54,324 totalExercise: $7.47Exp: 2030-10-15→ Class A Common Stock (54,324 underlying)
Footnotes (2)
- [F1]Received in exchange for an option to purchase 20,000 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."), Spartan Merger Sub Inc., a Delaware corporation, and Legacy Fisker.
- [F2]The option will vest and become exercisable as to 20% of the total number of shares on October 12, 2021, 1/20th of the total number of shares will vest and become exercisable on each of the next 11 quarters in equal installments, and 25% of the total number of shares will vest and become exercisable on October 12, 2024.