Cubbage Vincent T. 4
4 · Hyliion Holdings Corp. · Filed Dec 29, 2020
Insider Transaction Report
Form 4
Cubbage Vincent T.
Director
Transactions
- Exercise of In-Money
Common Stock
2020-12-29$11.50/sh+12,500$143,750→ 1,030,018 total - Exercise of In-Money
Warrant (Right to Buy)
2020-12-29−12,500→ 0 totalExercise: $11.50→ Common Stock (12,500 underlying)
Footnotes (1)
- [F1]Each whole warrant is exercisable for one share of Common Stock at an exercise price of $11.50 per share. The warrants will become exercisable on the later of (i) 30 days after the completion of the Issuer's initial business combination, and (ii) 12 months from the closing of the Issuer's initial public offering, and will expire upon the earlier of (a) five years after the completion of the Issuer's initial business combination, or (b) upon the liquidation of the Issuer. The Issuer's initial business combination was completed on October 1, 2020.