Chan Ian 4

Accession 0001474506-24-000259

CIK 0001893219other

View on SEC.gov Company Profile

Filed

Nov 24, 7:00 PM ET

Accepted

Nov 25, 9:40 PM ET

Size

19.6 KB

Accession

0001474506-24-000259

Insider Transaction Report

Form 4

Period: 2024-11-13

Abpro Holdings, Inc.ABP

Chan Ian

DirectorChief Executive Officer10% Owner

Transactions

Award
Common Stock, par value $0.0001 per share
2024-11-13+1,137,200→ 1,137,200 total(indirect: By Trust)
Award
Common Stock, par value $0.0001 per share
2024-11-13+987,400→ 987,400 total(indirect: By Spouse)
Award
Stock option (right to buy)
2024-11-13+787,300→ 787,300 total
Exercise: $1.63Exp: 2032-02-18→ Common Stock, par value $0.0001 per share (787,300 underlying)
Award
Stock option (right to buy)
2024-11-13+787,300→ 787,300 total
Exercise: $1.63Exp: 2031-04-14→ Common Stock, par value $0.0001 per share (787,300 underlying)
Award
Stock option (right to buy)
2024-11-13+777,100→ 777,100 total
Exercise: $1.67Exp: 2030-06-19→ Common Stock, par value $0.0001 per share (777,100 underlying)
Award
Common Stock, par value $0.0001 per share
2024-11-13+6,528,200→ 6,528,200 total
Award
Stock option (right to buy)
2024-11-13+577,500→ 577,500 total
Exercise: $1.73Exp: 2029-03-21→ Common Stock, par value $0.0001 per share (577,500 underlying)

Footnotes (7)

[F1]Reflects the issuance by Abpro Holdings, Inc. (f/k/a Atlantic Coastal Acquisition Corp. II) (the "Issuer") on November 13, 2024, of 6,528,200 shares of Common Stock to the reporting person pursuant to a Business Combination Agreement, dated as of December 11, 2023 (as amended by Amendment No. 1 to Business Combination Agreement, dated September 4, 2024, the "Business Combination Agreement"), among the Issuer, Abpro Merger Sub Corp, a Delaware corporation, and Abpro Corporation, a Delaware corporation ("Abpro"), relating to the business combination between the Issuer and Abpro (the "Business Combination").
[F2]Reflects the issuance by the Issuer to FV Dynasty Trust, of which the reporting person is trustee, on November 13, 2024, of 1,137,200 shares of Common Stock pursuant the Business Combination Agreement. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
[F3]Reflects the issuance by the Issuer to the reporting person's spouse on November 13, 2024, of 987,400 shares of Common Stock pursuant the Business Combination Agreement. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
[F4]Reflects the issuance by the Issuer of rollover stock option awards in connection with the closing of the Business Combination.
[F5]This stock option award is 100% vested.
[F6]This stock option award was initially granted by Abpro to the reporting person on February 18, 2022. The stock option award vests as follows: twenty-five percent (25%) the shares subject to the option vested on February 18, 2022, and the remaining seventy-five percent (75%) of the total number of shares subject to the option vest in thirty-six (36) substantially equal monthly installments thereafter, subject to the reporting person's continuous service to the Issuer through such date.
[F7]This stock option award was initially granted by Abpro to the reporting person on April 14, 2021. The stock option award vests as follows: twenty-five percent (25%) the shares subject to the option vested on April 14, 2022, and the remaining seventy-five percent (75%) of the total number of shares subject to the option vest in thirty-six (36) substantially equal monthly installments thereafter, subject to the reporting person's continuous service to the Issuer through such date.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

Abpro Holdings, Inc.

CIK 0001893219

→

Entity typeother

Related Parties

filerCIK 0001738068

Filing Metadata

Form type: 4
Filed: Nov 24, 7:00 PM ET
Accepted: Nov 25, 9:40 PM ET
Size: 19.6 KB

View on SEC.gov