Thomas P. Doyle - Mar 15, 2023 Form 4 Insider Report for Heliogen, Inc. (HLGN)

Role: Chief Commercial 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, 05:35 PM
Previous filing: Jan 10, 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	Sale	-$8.21K	-39.5K	-7.84%	$0.21	464K	Mar 15, 2023	Direct	F1, F2
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.
F2	Since the date of the reporting person's last ownership report, he transferred stock options to purchase 131,647 shares of HLGN common stock to his ex-spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.

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.

Since the date of the reporting person's last ownership report, he transferred stock options to purchase 131,647 shares of HLGN common stock to his ex-spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.