Ensign Joshua P 4

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

Form 4

Period: 2021-06-14

Chief Operating Officer

Transactions

Award
Stock Option (Right to Buy)
2021-06-14+8,924→ 8,924 total
Exercise: $4.62Exp: 2030-08-19→ Common Stock (8,924 underlying)
Award
Stock Option (Right to Buy)
2021-06-14+22,312→ 22,312 total
Exercise: $4.78Exp: 2030-12-20→ Common Stock (22,312 underlying)
Award
Stock Option (Right to Buy)
2021-06-14+177,642→ 177,642 total
Exercise: $2.01Exp: 2026-11-16→ Common Stock (177,642 underlying)
Award
Common Stock
2021-06-14+21,796→ 21,796 total
Award
Stock Option (Right to Buy)
2021-06-14+438,520→ 438,520 total
Exercise: $2.01Exp: 2026-11-16→ Common Stock (438,520 underlying)
Award
Stock Option (Right to Buy)
2021-06-14+133,875→ 133,875 total
Exercise: $2.01Exp: 2026-12-15→ Common Stock (133,875 underlying)
Award
Stock Option (Right to Buy)
2021-06-14+446,249→ 446,249 total
Exercise: $4.26Exp: 2028-05-16→ Common Stock (446,249 underlying)
Award
Stock Option (Right to Buy)
2021-06-14+337,365→ 337,365 total
Exercise: $5.98Exp: 2029-08-20→ Common Stock (337,365 underlying)
Award
Stock Option (Right to Buy)
2021-06-14+22,312→ 22,312 total
Exercise: $4.78Exp: 2030-12-20→ Common Stock (22,312 underlying)

Footnotes (3)

[F1]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.
[F2]This option is fully vested.
[F3]6.25% of the total shares underlying the option vest quarterly installments until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.

Documents

1 file