Billy L. Peck JR - Nov 22, 2022 Form 4 Insider Report for EVO Transportation & Energy Services, Inc. (EVOA)

Role
EVP, Business Development
Signature
/s/ Billy L. (Trey) Peck, Jr.
Stock symbol
EVOA
Transactions as of
Nov 22, 2022
Transactions value $
$502
Form type
4
Date filed
8/29/2023, 04:42 PM
Previous filing
Dec 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVOA Common Stock Options Exercise $502 +5.02M +1004.6% $0.00* 5.52M Nov 22, 2022 Direct

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 EVOA Restricted Stock Units Award $0 +999K $0.00 999K Aug 28, 2023 Common Stock 999K Direct F3, F4
transaction EVOA Restricted Stock Units Award $0 +1.95M $0.00 1.95M Aug 28, 2023 Common Stock 1.95M Direct F1, F3
transaction EVOA Warrant (right to buy) Award $0 +995K $0.00 995K Aug 28, 2023 Common Stock 995K $0.63 Direct F5, F6
transaction EVOA Warrant (right to buy) Conversion of derivative security $0 +5.02M $0.00 5.02M Sep 8, 2022 Common Stock 5.02M $0.00 Direct F7
transaction EVOA Warrant (right to buy) Conversion of derivative security $0 +2.51M $0.00 2.51M Sep 8, 2022 Common Stock 2.51M Direct F7
transaction EVOA Warrant (right to buy) Options Exercise $0 -5.02M -100% $0.00* 0 Nov 22, 2022 Common Stock 5.02M $0.00 Direct F1
holding EVOA Warrant (right to buy) 333K Nov 22, 2022 Common Stock 333K $3.00 Direct
holding EVOA Warrant (right to buy) 333K Nov 22, 2022 Common Stock 333K $5.00 Direct
holding EVOA Warrant (right to buy) 333K Nov 22, 2022 Common Stock 333K $7.00 Direct
holding EVOA Stock Option (right to buy) 20K Nov 22, 2022 Common Stock 20K $2.50 Direct F1
holding EVOA Stock Option (right to buy) 20K Nov 22, 2022 Common Stock 20K $1.50 Direct F1
holding EVOA Stock Option (right to buy) 500K Nov 22, 2022 Common Stock 500K $1.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Fully vested.
F2 125,000 options vest on 11/2/21 and the remainder vesting in equal installments on the next three anniversaries of the grant date.
F3 Each restricted stock unit represents the right to receive, at settlement, one share of common stock of the Issuer, its cash equivalent or a combination thereof, in the discretion of the Issuer.
F4 332,849 restricted stock units vest on 12/31/23, and 332,848 restricted stock units vest on each of 12/31/24 and 12/31/25.
F5 Fully exercisable.
F6 This warrant will expire upon the earlier of (a) 5:00 p.m., New York City time, on 09/08/2027 and (b) the consummation of a change of control.
F7 In connection with the terms of an Exchange Agreement dated 9/8/2022 (as fully described in the Form 8-K filed with the SEC on 9/14/22), warrants were issued to the Reporting Person.