Soell Julian R 4
4 · Proterra Inc · Filed Mar 30, 2023
Insider Transaction Report
Form 4
Proterra IncPTRA
Soell Julian R
President, Proterra Transit
Transactions
- Award
Common Stock
2023-03-28+167,037→ 379,782 total - Award
Stock Option (Right to Buy)
2023-03-28+274,282→ 274,282 totalExercise: $1.50Exp: 2033-03-28→ Common Stock (274,282 underlying)
Footnotes (2)
- [F1]Represents the number of shares of common stock underlying restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's common stock. The shares underlying the RSUs vest as to 25% of the total shares on March 25, 2024, and thereafter vest as to 25% of the total shares annually until fully vested, subject to the Reporting Person remaining in Service (as defined in the Issuer's 2021 Equity Incentive Plan) of the Issuer as of each such date.
- [F2]The stock option vests as to 25% of the total shares on March 25, 2024, and thereafter vests as to 25% of the total shares annually until fully vested, subject to the Reporting Person remaining in Service (as defined in the Issuer's 2021 Equity Incentive Plan) of the Issuer as of each such date.