David M. Leuschen - 25 Jan 2023 Form 4 Insider Report for Solid Power, Inc. (SLDP)

Role: 10%+ Owner
Signature: David M. Leuschen By: /s/ Peter Haskopoulos, Title: Attorney-in-Fact
Issuer symbol: SLDP
Transactions as of: 25 Jan 2023
Net transactions value: -$73,065
Form type: 4
Filing time: 26 Jan 2023, 17:59:53 UTC
Previous filing: 14 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SLDP	Common Stock, par value $0.0001 per share	Other		-3,651,546	-44%		4,738,454	26 Jan 2023	By Decarbonization Plus Acquisition Sponsor III LLC	F1, F2, F5
holding	SLDP	Common Stock, par value $0.0001 per share						6,798,303	25 Jan 2023	By REL Batavia Partnership, LP	F3, F5
holding	SLDP	Common Stock, par value $0.0001 per share						485,112	25 Jan 2023	By Riverstone SP Partners, LLC	F4, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SLDP	Warrants (right to buy)	Sale	$59,312	-89,866	-1.2%	$0.6600	7,277,487	25 Jan 2023	Common Stock, par value $0.0001 per share	89,866	$11.50	See Footnotes	F2, F5, F6
transaction	SLDP	Warrants (right to buy)	Sale	$13,754	-20,528	-0.28%	$0.6700	7,256,959	26 Jan 2023	Common Stock, par value $0.0001 per share	20,528	$11.50	See Footnotes	F2, F5, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

David M. Leuschen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	On January 26, 2023, Decarbonization Plus Acquisition Sponsor III LLC ("DCRC Sponsor") distributed 3,651,546 shares of common stock, par value $0.0001 ("Common Stock"), of Solid Power, Inc. (the "Issuer") to its members pro rata.
F2	DCRC Sponsor is the record holder of these securities. David M. Leuschen and Pierre F. Lapeyre, Jr. are the managing directors of Riverstone Holdings LLC, which controls DCRC Sponsor.
F3	REL Batavia Partnership, LP is the record holder of these securities. David M. Leuschen and Pierre F. Lapeyre, Jr. are the sole members of the ultimate general partner of REL Batavia Partnership, LP.
F4	Riverstone SP Partners, LLC is the record holder of these securities. David M. Leuschen and Pierre F. Lapeyre, Jr. are the managing directors of Riverstone Holdings LLC, which is the managing member of Riverstone SP Partners, LLC.
F5	Each of Mr. Leuschen and Mr. Lapeyre may be deemed to have or share beneficial ownership of the securities held directly by DCRC Sponsor, REL Batavia Partnership, LP and Riverstone SP Partners, LLC. Each such person disclaims any such beneficial ownership of such securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F6	The price reported in Column 8 of Table II is a weighted average price. The warrants were sold in multiple transactions at prices ranging from $0.65 to $0.75, inclusive. The reporting persons will provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, information regarding the number of warrants sold at each price within the range.
F7	The price reported in Column 8 of Table II is a weighted average price. The warrants were sold in multiple transactions at prices ranging from $0.65 to $0.67, inclusive. The reporting persons will provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, information regarding the number of warrants sold at each price within the range.