Eli Aheto - 31 Mar 2023 Form 4 Insider Report for Volta Inc.

Role
Director
Signature
/s/ Brandt Hastings, as attorney-in-fact
Issuer symbol
N/A
Transactions as of
31 Mar 2023
Net transactions value
-$135,356
Form type
4
Filing time
31 Mar 2023, 14:40:22 UTC
Previous filing
02 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLTA Class A Common Stock Disposed to Issuer $99,872 -116,130 -100% $0.8600 0 31 Mar 2023 Direct F1
transaction VLTA Class A Common Stock Disposed to Issuer $35,484 -41,261 -100% $0.8600 0 31 Mar 2023 By IRA F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Eli Aheto is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock ("Shares"), which were cancelled in exchange for the cash merger consideration equal to $0.86 per Share pursuant to that certain Agreement and Plan of Merger between issuer, Shell USA, Inc., and SEV Subsidiary, Inc., dated January 17, 2023 and includes 108,155 Shares underlying restricted stock unit awards.

Remarks:

Exhibit 24.1 - Power of Attorney