Klein Donald P 4
4 · XL Fleet Corp. · Filed Apr 13, 2022
Insider Transaction Report
Form 4
Klein Donald P
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2022-04-11+395,480→ 395,480 total
Footnotes (1)
- [F1]The securities awarded are in the form of restricted stock units (RSUs) issued pursuant to the issuer's 2020 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. Subject to the reporting person's continued service through the vesting dates, 25% of these RSUs will vest on the first anniversary of the grant date, and the remaining 75% of the RSUs will vest in substantially equal annual installments over the next three years on the date of such first anniversary.