Daboub Juan J. 4
4 · Volta Inc. · Filed Aug 30, 2021
Insider Transaction Report
Form 4
Volta Inc.VLTA
Daboub Juan J.
Director
Transactions
- Conversion
Class A Common Stock
2021-08-26+35,000→ 35,000 total - Conversion
Class B Ordinary Shares
2021-08-26−35,000→ 0 total→ Class A Common Stock (35,000 underlying)
Footnotes (1)
- [F1]The Class B Ordinary Shares are automatically convertible into shares of Class A Common Stock at the time of Tortoise Acquisition Corp. II's ("TortoiseCorp II") initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. In connection with the domestication of TortoiseCorp II and the closing of the business combination among TortoiseCorp II, SNPR Merger Sub I, Inc., SNPR Merger Sub II, LLC and Volta Industries, Inc. on August 26, 2021, the Reporting Person's Class B Ordinary Shares automatically converted into shares of TortoiseCorp II's Class A Common Stock on a one-for-one basis. Upon consummation of the business combination, TortoiseCorp II changed its name to "Volta Inc."