Joyce Gareth T. - 25 Aug 2023 Form 4 Insider Report for Proterra Inc

Role: CEO and President, Director
Signature: /s/ Gareth T. Joyce
Issuer symbol: N/A
Transactions as of: 25 Aug 2023
Net transactions value: -$157
Form type: 4
Filing time: 29 Aug 2023, 16:32:11 UTC
Previous filing: 05 Jul 2023
Next filing: 27 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PTRAQ	Common Stock	Sale	$157	-2,283	-0.24%	$0.0688^*	937,621	25 Aug 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The sale reported in this Form 4 represents the withholding of shares of Common Stock by the Company to satisfy tax withholding obligations in connection with the net issuance of shares of Common Stock delivered to the Reporting Person on August 25, 2023 from the vesting and settlement of restricted stock units. The number of shares withheld by the Company to satisfy tax withholding obligations (and the net issuance) is based on the average of the bid and ask price of the Company's Common Stock on August 25, 2023.

Content

The sale reported in this Form 4 represents the withholding of shares of Common Stock by the Company to satisfy tax withholding obligations in connection with the net issuance of shares of Common Stock delivered to the Reporting Person on August 25, 2023 from the vesting and settlement of restricted stock units. The number of shares withheld by the Company to satisfy tax withholding obligations (and the net issuance) is based on the average of the bid and ask price of the Company's Common Stock on August 25, 2023.