| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AEVA | Common Stock | Award | $0 | +57.7K | +121.12% | $0.00 | 105K | Jun 21, 2024 | Direct | F1, F2 |
| holding | AEVA | Common Stock | 3.7M | Jun 21, 2024 | By Canaan XI, L.P. | F2, F3 |
| Id | Content |
|---|---|
| F1 | Reflects restricted stock units ("RSUs") awarded pursuant to the Issuer's Non-Employee Director Compensation Plan, pursuant to which each non-employee director of the Issuer receives an annual RSU grant that will vest on the first anniversary of the grant date or upon a change of control, if earlier. Each RSU converts into the Issuer's Common Stock on a one-for-one basis upon vesting and settlement. |
| F2 | All amounts of securities reported in this Form 4 reflect a 1-for-5 reverse stock split (the "Reverse Stock Split") that became effective March 18, 2024, including the Reporting Person's receipt of cash in lieu of a fractional share. |
| F3 | Represents shares held directly by Canaan XI, L.P. (the "Canaan Fund"). The sole general partner of the Canaan Fund is Canaan Partners XI LLC ("Canaan XI", and together with the Canaan Fund, the "Canaan Entities"). Canaan XI may be deemed to have sole voting, investment and dispositive power with respect to the shares held by the Canaan Fund. The Reporting Person is a manager and member of Canaan XI. The Reporting Person disclaims Section 16 beneficial ownership in the securities held by the Canaan Entities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose. |