Soroush Salehian Dardashti - May 4, 2024 Form 4 Insider Report for Aeva Technologies, Inc. (AEVA)

Signature
/s/ Soroush Salehian Dardashti
Stock symbol
AEVA
Transactions as of
May 4, 2024
Transactions value $
-$94,214
Form type
4
Date filed
5/7/2024, 08:44 PM
Previous filing
Mar 26, 2024
Next filing
Sep 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEVA Common Stock Tax liability -$94.2K -27.5K -3.33% $3.42 799K May 4, 2024 Direct F1, F2
holding AEVA Common Stock 4.46M May 4, 2024 By trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents the number of shares of Common Stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement upon vesting of the restricted stock units and does not represent an open market sale.
F2 Vesting over four years from May 4, 2023 in equal installments every six months. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.