Gareth T. Joyce - Jan 2, 2024 Form 4 Insider Report for Proterra Inc (PTRAQ)

Role: CEO and President, Director
Signature: /s/ Gareth T. Joyce
Stock symbol: PTRAQ
Transactions as of: Jan 2, 2024
Transactions value $: -$318
Form type: 4
Date filed: 1/3/2024, 04:33 PM
Previous filing: Jan 3, 2024
Next filing: Feb 20, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PTRAQ	Common Stock	Sale	-$318	-16.6K	-1.81%	$0.02	902K	Jan 2, 2024	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 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 January 2, 2024, 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 January 2, 2024.

Content

The sale reported in this Form 4 represents the withholding 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 January 2, 2024, 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 January 2, 2024.