Erik J. Anderson - 24 May 2023 Form 4 Insider Report for Solid Power, Inc. (SLDP)

Role
Director
Signature
/s/ Erik J Anderson
Issuer symbol
SLDP
Transactions as of
24 May 2023
Transactions value $
-$3,992
Form type
4
Filing time
26 May 2023, 17:37:10
Previous filing
17 May 2023
Next filing
25 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLDP Common Stock Award $0 +59.2K $0.00 59.2K 24 May 2023 Direct F1
transaction SLDP Common Stock Sale -$3.99K -1.9K -0.27% $2.10 694K 25 May 2023 By WestRiver Management, LLC and affiliates F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units, which upon vesting of the unit, represent the right to receive one share of the issuer's common stock. The restricted stock units vest upon the earlier of: (i) the first anniversary of the grant date or (ii) the day before the issuer's next annual meeting of stockholders following the grant date, in each case, subject to the reporting person continuing to be a service provider (as defined in the 2021 Solid Power, Inc. Equity Incentive Plan) through such vesting date.
F2 By WRG DCRC, LLC ("WRG DCRC"), of which WestRiver Management, LLC ("WestRiver Management") is the sole managing member. The Reporting Person is the sole member and sole manager of WestRiver Management. As a result, the Reporting Person may be deemed to beneficially own the securities held of record by WRG DCRC. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein.
F3 Represents 187,617 shares owned directly by WestRiver Management and 506,283 shares owned directly by WRG INV41, LLC ("WRG INV41"). WestRiver Management is the sole managing member of WRG INV41. The Reporting Person is the sole member and sole manager of WestRiver Management. As a result, the Reporting Person may be deemed to beneficially own the securities held of record by WestRiver Management and WRG INV41, LLC. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein.