Olga Shevorenkova - Aug 8, 2023 Form 4 Insider Report for EVgo Inc. (EVGO)

Role
Chief Financial Officer
Signature
/s/ Olga Shevorenkova, by Chris Nenno, as Attorney-in-Fact
Stock symbol
EVGO
Transactions as of
Aug 8, 2023
Transactions value $
-$111,568
Form type
4
Date filed
8/10/2023, 06:26 PM
Previous filing
Jun 2, 2023
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVGO Class A Common Stock Sale -$29.2K -5.84K -9.93% $5.00 53K Aug 8, 2023 Direct F1
transaction EVGO Class A Common Stock Sale -$82.4K -17.2K -32.39% $4.80 35.8K Aug 9, 2023 Direct F2

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 EVGO Restricted Stock Units Award $0 +82.1K $0.00 82.1K Aug 10, 2023 Class A Common Stock 82.1K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $5.0000 to $5.0001, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price in the transactions described in this footnote 1 and in footnote 2.
F2 The price reported in column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $4.8000 to $4.8150, inclusive.
F3 Restricted stock units ("RSUs") awarded under the Issuer's 2021 Long Term Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Class A common stock, $0.0001 par value ("Class A Common Stock").
F4 The RSUs vest in three equal annual installments on each of the first three anniversaries of August 10, 2023, subject to the Reporting Person's continued employment through each such vesting date.