Black David S 4
4 · Proterra Inc · Filed May 26, 2023
Insider Transaction Report
Form 4
Proterra IncPTRA
Black David S
Chief Financial Officer
Transactions
- Award
Common Stock
2023-05-24+333,333→ 334,333 total - Award
Stock Option (Right to Buy)
2023-05-24+459,770→ 459,770 totalExercise: $1.22Exp: 2033-05-24→ Common Stock (459,770 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 May 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 May 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.