RAMASAMY GOVINDARAJ 4
4 · Hyliion Holdings Corp. · Filed Nov 18, 2024
Insider Transaction Report
Form 4
RAMASAMY GOVINDARAJ
Chief Commercial Officer
Transactions
- Conversion
Common Stock
2024-11-14+60,750→ 358,750 total - Conversion
Performance Stock Incentive Units
2024-11-14−60,750→ 101,250 totalFrom: 2025-02-13Exp: 2026-12-31→ Common Stock (60,750 underlying)
Footnotes (2)
- [F1]The underlying market conditions for vesting of this portion of performance stock incentive units ("PSU Award") were satisfied on November 13, 2024, and subsequently approved by the Compensation Committee on November 14, 2024. Half of the vested PSUs will be issued on November 14, 2025 with the remainder to be issued on December 31, 2026.
- [F2]30% of these PSU Awards vested upon the achievment of the underlying closing stock price threshold of a minimum of $2.50 per share over a 30-trading-day average.