| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PTRA | Common Stock | +Grant/Award | +2,000,000 | 2,000,000 | Jun 14, 2021 | See Footnote | F1, F2 | |||
| transaction | PTRA | Common Stock | +Grant/Award | +7,408,185 | +370.41% | 9,408,185 | Jun 14, 2021 | See Footnote | F2, F3 |
| Id | Content |
|---|---|
| F1 | In connection with the closing of the business combination (the "Business Combination") of ArcLight Clean Transition Corp. ("ArcLight") and Proterra Inc ("Old Proterra"), Daimler Trucks & Buses US Holdings Inc. ("DTBUS") acquired shares of the Issuer's common stock at a price of $10.00 per share on the terms and conditions set forth in certain subscription agreements. |
| F2 | DTBUS is the record holder of the securities reported herein. Mr. Goetz is the DTBUS designee to the Issuer's board of directors, and is employed by Daimler Truck AG, the parent company of DTBUS. Mr. Goetz is a member of various M&A approval bodies at Daimler AG and its subsidiaries, and as a result may, directly or indirectly, have voting and dispositive control over the shares held by DTBUS. |
| F3 | Pursuant to the Business Combination, each share of Old Proterra outstanding common stock was automatically converted into the right to receive shares of the Issuer's Common Stock based on a 1 to 0.8925 conversion ratio ("Conversion Ratio"). In addition, each outstanding Old Proterra equity award was automatically converted into a corresponding equity award of the Issuer based on the Conversion Ratio and with the same terms and vesting conditions as the Old Proterra equity award. |