Salvatore Palella - Aug 12, 2021 Form 4 Insider Report for Helbiz, Inc. (MCOM)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Salvatore Palella
Stock symbol: MCOM
Transactions as of: Aug 12, 2021
Transactions value $: $6,510,899
Form type: 4
Date filed: 3/11/2022, 06:48 AM
Previous filing: Feb 1, 2022
Next filing: Mar 29, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MCOM	Common Stock (Class A)	Purchase	$153K	+50K	+10%	$3.05^*	550K	Mar 8, 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	MCOM	Stock Options	Award	$4.53M	+1.48M		$3.05^*	1.48M	Aug 12, 2021	Class A Common Stock	1.48M	$2.16	Direct	F1, F2
transaction	MCOM	Performance Based Restricted	Award	$1.83M	+600K		$3.05^*	600K	Aug 12, 2021	Class A Common Shares	600K	$0.00	Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Granted by Helbiz Holdings Inc., under the 2020 Equity Incentive Plan adopted on April 1, 2020. Upon the merger by and among Green Vision Acquisition Corp., Helbiz Holdings Inc., and Green Vision Merge Sub Inc. on August 12, 2021, the options were exchanged for options of Helbiz, Inc., the successor to GreenVision Acquisition Corp.
F2	50% of the options vest on the one-year anniversary of the 2020 Equity Incentive Plan. The remaining stock options vest at a rate of 1.4% a month over the next 36 months. As of the date of this filing 969,244 Stock Options have vest.
F3	Granted by Helbiz Holdings Inc. under the 2020 CEO Performance Plan adopted on April 1,2020. Upon the merger by and among GreenVision Acquisition Corp., Helbiz Holdings Inc., and GreenVision Merger Sub Inc. on August 12,2021, the performance-based restricted shares were exchanged for performance-based restricted shares of Helbiz Inc., the successor to GreenVision Acquisition Corp.
F4	The vesting of these performance-based restricted shares is subject to the attainment of certain performance objectives between 4/1/2020 and 4/1/2030 (the "2020-2030 Performance Period"). The target number (100%) of the total performance-based restricted shares is reported in the table set forth above. The portion of the target number of performance-based restricted shares allocated to each applicable performance objective will vest upon the attainment of the applicable performance objective.