Gareth T. Joyce - Sep 25, 2023 Form 4 Insider Report for Proterra Inc (PTRAQ)

Role: CEO and President, Director
Signature: /s/ Gareth T. Joyce
Stock symbol: PTRAQ
Transactions as of: Sep 25, 2023
Transactions value $: -$1,037
Form type: 4
Date filed: 9/27/2023, 04:30 PM
Previous filing: Aug 29, 2023
Next filing: Oct 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PTRAQ	Common Stock	Sale	-$1.04K	-18.9K	-2.02%	$0.05^*	919K	Sep 25, 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 September 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 September 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 September 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 September 25, 2023.