Rex S. Jackson - Sep 8, 2023 Form 4 Insider Report for ChargePoint Holdings, Inc. (CHPT)

Signature
/s/ Natella Novruzova - Attorney-in-Fact
Stock symbol
CHPT
Transactions as of
Sep 8, 2023
Transactions value $
-$2,418,402
Form type
4
Date filed
9/12/2023, 08:39 PM
Previous filing
Jun 23, 2023
Next filing
Sep 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHPT Common Stock Options Exercise $827K +1.48M +137.91% $0.56* 2.55M Sep 8, 2023 Direct
transaction CHPT Common Stock Sale -$3.25M -556K -21.85% $5.84 1.99M Sep 8, 2023 Direct F1, F2
transaction CHPT Common Stock Award $1.28K +264 +0.01% $4.86 1.99M Sep 8, 2023 Direct F3, F4
transaction CHPT Common Stock Sale -$86 -15 0% $5.73 1.99M Sep 11, 2023 Direct F5
holding CHPT Common Stock 197K Sep 8, 2023 By trust F6

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 CHPT Stock Option (Right to Buy) Options Exercise -1.48M -100% 0 Sep 8, 2023 Common Stock 1.48M $0.56 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were sold in connection with a cashless exercise of, and to cover tax obligations related to, the exercised option reported herein.
F2 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $5.72 to $6.025. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 2 of this Form 4.
F3 The shares were acquired under the Issuer's Employee Stock Purchase Plan (the "ESPP") in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
F4 The purchase price reflects a 15% discount to the closing price of the Issuer's Common Stock on the purchase date pursuant to the provisions of the ESPP.
F5 Represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the acquisition of shares acquired under the ESPP.
F6 The shares are held by the Jackson 1997 Trust Dated November 6, 1997 of which the Reporting Person is trustee.
F7 The Stock Option is fully vested.
F8 The Stock Option was received in exchange for an option to purchase shares of common stock of ChargePoint, Inc. in connection with the merger pursuant to the terms of that certain Business Combination Agreement and Plan of Reorganization, dated as of September 23, 2020.