Ajay Kochhar - 31 Jan 2025 Form 4 Insider Report for Li-Cycle Holdings Corp. (LICYF)

Role
President and CEO, Director, 10%+ Owner
Signature
Ajay Kochhar, /s/ Ajay Kochhar
Issuer symbol
LICYF
Transactions as of
31 Jan 2025
Net transactions value
-$1,285
Form type
4
Filing time
04 Feb 2025, 19:15:22 UTC
Previous filing
29 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LICY Common Shares Sale $1,285 -1,266 -0.78% $1.02 161,307 31 Jan 2025 Direct F1, F2
holding LICY Common Shares 3,107,826 31 Jan 2025 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction reported reflects automatic sell to cover transactions that do not represent a discretionary trade by the Reporting Person in order to pay the tax liability arising from the vesting and settlement of restricted stock units ("RSUs").
F2 Includes 139,829 RSUs awarded to the reporting person under the Li-Cycle Holdings Corp. 2021 Incentive Award Plan. Each RSU represents the contingent right to receive one common share of Li-Cycle Holdings Corp. subject to time-vesting conditions in accordance with the underlying award and the reporting person's continued service through such vesting date.
F3 Held by 2829908 Delaware LLC, a Delaware limited liability company. Mr. Kochhar has the sole power to control the voting and disposition of the common shares held by 2829908 Delaware LLC by oral agreement. Mr. Kochhar is a director and officer of the Issuer.