MURTHY RAMESH 4
4 · Canoo Inc. · Filed Jul 5, 2024
Insider Transaction Report
Form 4
Canoo Inc.GOEV
MURTHY RAMESH
SVP, CAO and ICFO
Transactions
- Award
Common Stock
2024-07-02+180,000→ 192,395 total - Sale
Common Stock
2024-07-03$2.33/sh−10,948$25,509→ 181,447 total
Footnotes (4)
- [F1]Represents Restricted Stock Units (RSUs). Each RSU represents a right to receive one share of the Issuer's common stock upon vesting. The RSU's will vest as follows: 1/4th of the RSU shall vest upon grant and an additional 1/16th of the RSUs shall vest each quarter thereafter beginning on September 15, 2024, subject to the Reporting Person remaining in continuous service through each such date.
- [F2]Includes additional 260 shares acquired pursuant to the Canoo Inc. 2020 Employee Stock Purchase Plan and correction for and adjustment to correct de minimis error on previously filed Form 4.
- [F3]On March 8, 2024, the Issuer effected a 1-for-23 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
- [F4]Mandatory sale to cover applicable tax withholding obligations realized upon vesting of Restricted Stock Units.