Paul Dobson - Oct 22, 2024 Form 4 Insider Report for EVgo Inc. (EVGO)

Role
Chief Financial Officer
Signature
/s/ Paul Dobson by Alisa Strathearn, as Attorney-In-Fact
Stock symbol
EVGO
Transactions as of
Oct 22, 2024
Transactions value $
$0
Form type
4
Date filed
10/24/2024, 09:40 PM
Previous filing
Oct 16, 2024

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 +56.1K $0.00 56.1K Oct 22, 2024 Class A Common Stock 56.1K Direct F1, F2
transaction EVGO Performance Based Restricted Stock Units Award $0 +56.1K $0.00 56.1K Oct 22, 2024 Class A Common Stock 56.1K Direct F3
transaction EVGO Performance Based Restricted Stock Units Award $0 +82K $0.00 82K Oct 22, 2024 Class A Common Stock 82K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 ("Common Stock").
F2 The RSUs will vest in three equal installments on each of the first three anniversaries of October 22, 2024, subject to the Reporting Person's continued employment through the applicable vesting date.
F3 Performance-based restricted stock units ("PRSUs") awarded under the Issuer's 2021 Long Term Incentive Plan. Each PRSU represents the contingent right to receive, upon vesting of the PRSU, one share of Common Stock. The PRSUs generally vest in three equal installments on the first three anniversaries of October 22, 2024, provided that the applicable performance goal has been achieved by such date and the Reporting Person's continued employment through the applicable vesting date.
F4 PRUs awarded under the Issuer's 2021 Long Term Incentive Plan. The PRSUs will vest subject to satisfaction of both a time and performance condition, with the time condition being satisfied in three equal installments on each of the first three anniversaries of October 22, 2024, provided that the applicable performance goal has been achieved by such date (and, if not, on the date the applicable performance goal is subsequently achieved), and subject to the continuous service of the Reporting Person through the applicable vesting date. The applicable performance goal for each tranche of PRSUs will be satisfied if the Common Stock achieves a specified per share price for such tranche calculated based on a 15-day volume weighted average price at any time prior to October 22, 2029.