RAMASAMY GOVINDARAJ 4
4 · Hyliion Holdings Corp. · Filed Feb 20, 2025
Insider Transaction Report
Form 4
RAMASAMY GOVINDARAJ
Chief Commercial Officer
Transactions
- Award
Common Stock
2025-02-18+78,948→ 519,287 total - Award
Common Stock
2025-02-18+50,000→ 569,287 total - Award
Performance Stock Incentive Units
2025-02-18+236,843→ 236,843 totalFrom: 2026-02-18Exp: 2027-12-31→ Common Stock (236,843 underlying)
Footnotes (3)
- [F1]The Reporting Person received a grant of restricted stock units ("RSU Award") pursuant to the Issuer's 2024 Equity Incentive Plan. One-third (1/3) of the RSU Award will vest on February 18, 2026, and the remaining two-thirds (2/3) of the RSU Award will vest quarterly in equal amounts over a two-year period thereafter.
- [F2]The Reporting Person received a grant of unrestricted common stock pursuant to the Issuer's 2024 Equity Incentive Plan to satisfy an obligation contained in his offer letter.
- [F3]The Reporting Person received a grant of performance stock incentive units ("PSU Award") pursuant to the Issuer's 2024 Equity Incentive Plan. The award is contingent upon achieving underlying closing stock price thresholds ranging from $4.00 to $6.00 per share over a 90 to 180-calendar-day average by December 31, 2027.