Popple Ryan 4

4 · ArcLight Clean Transition Corp. · Filed Jun 16, 2021

Form 4

Period: 2021-06-14

Director

Transactions

Award
Stock Option (Right to Buy)
2021-06-14+378,174→ 378,174 total
Exercise: $1.33Exp: 2024-10-19→ Common Stock (378,174 underlying)
Award
Stock Option (Right to Buy)
2021-06-14+1,257,671→ 1,257,671 total
Exercise: $1.33Exp: 2024-10-19→ Common Stock (1,257,671 underlying)
Award
Stock Option (Right to Buy)
2021-06-14+58,381→ 58,381 total
Exercise: $2.01Exp: 2026-12-15→ Common Stock (58,381 underlying)
Award
Stock Option (Right to Buy)
2021-06-14+2,789→ 2,789 total
Exercise: $1.33Exp: 2025-04-20→ Common Stock (2,789 underlying)
Award
Stock Option (Right to Buy)
2021-06-14+41,835→ 41,835 total
Exercise: $1.33Exp: 2025-04-20→ Common Stock (41,835 underlying)
Award
Stock Option (Right to Buy)
2021-06-14+1,694,264→ 1,694,264 total
Exercise: $2.01Exp: 2026-12-15→ Common Stock (1,694,264 underlying)
Award
Stock Option (Right to Buy)
2021-06-14+208,210→ 208,210 total
Exercise: $4.26Exp: 2028-06-21→ Common Stock (208,210 underlying)
Award
Stock Option (Right to Buy)
2021-06-14+223,125→ 223,125 total
Exercise: $5.41Exp: 2028-12-28→ Common Stock (223,125 underlying)

Footnotes (3)

[F1]This option is fully vested.
[F2]Pursuant to the business combination of ArcLight Clean Transition Corp. and Proterra Inc ("Old Proterra"), each share of Old Proterra outstanding common stock was automatically converted into the right to shares of the Issuer's Common Stock based on a 1 to 0.8925 conversion ratio ("Conversion Ratio"). In addition, each outstanding Old Proterra equity award was automatically converted into a corresponding equity award of the Issuer based on the Conversion Ratio and with the same terms and vesting conditions as the Old Proterra equity awards.
[F3]88% of this option vested and became exercisable on March 16, 2020, with the remainder vesting in equal quarterly installments thereafter until March 16, 2024, subject to the Reporting Person's continued service to the Issuer on each vesting date.

Documents

1 file