Andrew Alan Lambert - Dec 20, 2022 Form 4 Insider Report for Heliogen, Inc. (HLGN)

Role
Chf. Mfg. & Sply. Chain Ofc.
Signature
/s/ Deborah Chen, Attorney in Fact
Stock symbol
HLGN
Transactions as of
Dec 20, 2022
Transactions value $
$39,231
Form type
4
Date filed
12/22/2022, 04:40 PM
Previous filing
Sep 7, 2022
Next filing
May 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLGN Common Stock Purchase $29.2K +48K +6.96% $0.61 737K Dec 20, 2022 Direct F1
transaction HLGN Common Stock Options Exercise $10.1K +33.6K +4.55% $0.30 771K Dec 20, 2022 Direct
holding HLGN Common Stock 96 Dec 20, 2022 As custodian for UTMA account 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 HLGN Stock Option (Right to Buy) Options Exercise $0 -33.6K -12.9% $0.00 226K Dec 20, 2022 Common Stock 33.6K $0.30 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 503,321 shares represented by restricted stock units ("RSUs") initially granted under the Issuer's 2013 Stock Incentive Plan. Each RSU represents a contingent right to receive one share of the Common Stock of the Issuer. Six and one-quarter percent (6.25%) of the shares underlying the RSUs initially granted vest in quarterly installments with the first installment vested on March 15, 2022, subject to the Reporting Person's continuous service.
F2 The shares are held in a custodial account established for an immediate family member of the Reporting Person pursuant to the Uniform Transfers to Minors Act for which the Reporting Person serves as a custodian. The Reporting Person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F3 The option for 402,656 underlying shares was granted on March 30, 2021 under Issuer's 2013 Stock Incentive Plan, with 25% vesting on March 15, 2022 and the remainder vesting in 36 substantially equal monthly installments from March 15, 2022, subject to the Reporting Person's continuous service.