4//SEC Filing
Porter Brook F 4
Accession 0001209191-21-047883
CIK 0001820630other
Filed
Jul 21, 8:00 PM ET
Accepted
Jul 22, 8:41 PM ET
Size
5.4 KB
Accession
0001209191-21-047883
Insider Transaction Report
Form 4
Proterra IncPTRA
Porter Brook F
Director
Transactions
- Award
Common Stock
2021-07-20$8.93/sh+3,093$27,605→ 3,093 total
Footnotes (1)
- [F1]On July 19, 2021, Issuer determined that the reporting person became entitled to receive these shares of common stock pursuant to the earnout provision set forth in Section 3.09(a)(i) of the Agreement and Plan of Merger, dated as of January 11, 2021, by and among Proterra Inc (formerly ArcLight Clean Transition Corp.), Phoenix Merger Sub, Inc., and Proterra Operating Company, Inc. (formerly Proterra Inc) (the "Merger Agreement"). The price per share indicated on this form is based on the deemed value of the common stock on the date the Merger Agreement was signed. The right of the reporting person to receive additional shares became fixed and irrevocable on June 14, 2021, the effective date of the merger.
Documents
Issuer
Proterra Inc
CIK 0001820630
Entity typeother
Related Parties
1- filerCIK 0001865696
Filing Metadata
- Form type
- 4
- Filed
- Jul 21, 8:00 PM ET
- Accepted
- Jul 22, 8:41 PM ET
- Size
- 5.4 KB