Timothy Reeser - Jul 13, 2021 Form 4 Insider Report for Lightning eMotors, Inc. (ZEV)

Role
Chief Executive Officer, Director
Signature
/s/ Timothy Reeser by Teresa Covington, Attorney-in-Fact
Stock symbol
ZEV
Transactions as of
Jul 13, 2021
Transactions value $
$0
Form type
4
Date filed
7/16/2021, 12:49 PM
Previous filing
May 10, 2021
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEV Common Stock Award $0 +179K +19.08% $0.00 1.12M Jul 13, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ZEV Options to receive Common Stock Award $0 +447K $0.00 447K Jul 13, 2021 Common Stock 447K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to Reporting Person's continued service to the Issuer, 178,826 of such RSUs vest as follows: 25% on each of May 6, 2022, May 6, 2023, May 6, 2024 and May 6, 2025. The Company may withhold shares of stock subject to the RSUs at the time of vesting for the purposes of satisfying any tax withholding obligations which arise in connection with the vesting of such RSUs issued to Mr. Reeser.
F2 Subject to Reporting Person's continued service to the Issuer, the Options shall vest as to 25% on each of May 6, 2022, May 6, 2023, May 6, 2024 and May 6, 2025.