Jeannine P. Sargent - Mar 13, 2024 Form 4 Insider Report for Proterra Inc (PTRAQ)

Role: Director
Signature: /s/ Jeannine P. Sargent
Stock symbol: PTRAQ
Transactions as of: Mar 13, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/13/2024, 07:15 PM
Previous filing: Jun 8, 2023
Next filing: Apr 12, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	PTRAQ	Common Stock	-Other	$0	-41,060	-100%	$0.00	0	Mar 13, 2024	Direct	F1

Jeannine P. Sargent is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	On August 7, 2023, Proterra Inc (the "Company") and its subsidiary Proterra Operating Company, Inc. (collectively, the "Debtors") filed voluntary petitions for relief under Chapter 11 of Title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware (the "Court"), thereby commencing chapter 11 cases for the Debtors. On March 6, 2024, the Court entered its order confirming the Fifth Amended Joint Chapter 11 Plan of Reorganization for Proterra Inc and its Debtor Affiliate (the "Plan"). On March 13, 2024, the Plan became effective pursuant to its terms (the "Effective Date"). On the Effective Date, pursuant to the Plan, all outstanding shares of the Company's common stock, including options, warrants, rights, restricted stock units or other securities or agreements to acquire such common stock, were cancelled and extinguished without the receipt of any consideration.

Content

On August 7, 2023, Proterra Inc (the "Company") and its subsidiary Proterra Operating Company, Inc. (collectively, the "Debtors") filed voluntary petitions for relief under Chapter 11 of Title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware (the "Court"), thereby commencing chapter 11 cases for the Debtors. On March 6, 2024, the Court entered its order confirming the Fifth Amended Joint Chapter 11 Plan of Reorganization for Proterra Inc and its Debtor Affiliate (the "Plan"). On March 13, 2024, the Plan became effective pursuant to its terms (the "Effective Date"). On the Effective Date, pursuant to the Plan, all outstanding shares of the Company's common stock, including options, warrants, rights, restricted stock units or other securities or agreements to acquire such common stock, were cancelled and extinguished without the receipt of any consideration.