Mark Wellings - Aug 29, 2024 Form 4 Insider Report for Li-Cycle Holdings Corp. (LICY)

Role
Director
Signature
/s/ Carl DeLuca, attorney-in-fact on behalf of Mark Wellings
Stock symbol
LICY
Transactions as of
Aug 29, 2024
Transactions value $
$0
Form type
4
Date filed
9/3/2024, 04:05 PM
Previous filing
Aug 15, 2024
Next filing
Sep 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LICY Common Shares Award $0 +59.6K +132.42% $0.00 105K Aug 29, 2024 Direct F1, F2
holding LICY Common Shares 28.8K Aug 29, 2024 By ZCR Corp. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 At the election of the reporting person, comprises restricted stock units ("RSUs") awarded to the reporting person under the Li-Cycle Holdings Corp. 2021 Incentive Plan (the "Plan") in lieu of cash compensation under Li-Cycle Holdings Corp. 2024 Director Compensation Program. Each RSU represents the contingent right to receive one common share of Li-Cycle Holdings Corp. The RSUs shall vest in full on May 23, 2025, subject to the reporting person's continued service through such vesting date. The number of RSUs was calculated based on the closing price of $1.48 per share of common share on August 29, 2024.
F2 Includes 98,080 RSUs awarded to the reporting person under the Plan. Each RSU represents the contingent right to receive one common share of Li-Cycle Holdings Corp. The RSUs shall vest subject to time-based vesting conditions in accordance with the underlying award and the reporting person's continued service through such vesting date.
F3 Consists of common shares held by ZCR Corp. Mr. Wellings is the sole owner of ZCR Corp. and has voting or investment control over the common shares held by ZCR Corp.