Christiana Obiaya - Mar 15, 2023 Form 4 Insider Report for Heliogen, Inc. (HLGN)

Role: Chief Executive Officer
Signature: /s/ Alexander Gefter, Attorney in Fact
Stock symbol: HLGN
Transactions as of: Mar 15, 2023
Transactions value $: -$10,312
Form type: 4
Date filed: 3/17/2023, 05:29 PM
Previous filing: Feb 1, 2023
Next filing: May 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HLGN	Common Stock	Sale	-$8.21K	-39.5K	-7.84%	$0.21	464K	Mar 15, 2023	Direct	F1
transaction	HLGN	Common Stock	Sale	-$2.1K	-10.4K	-2.24%	$0.20	453K	Mar 16, 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units ("RSUs"). The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.

Content

The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units ("RSUs"). The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.