Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PTRA | Stock Option (Right to Buy) | Award | +201K | 201K | Jun 14, 2021 | Common Stock | 201K | $5.53 | Direct | F1, F2 | |||
transaction | PTRA | Stock Option (Right to Buy) | Award | +44.6K | 44.6K | Jun 14, 2021 | Common Stock | 44.6K | $6.00 | Direct | F2, F3 | |||
transaction | PTRA | Stock Option (Right to Buy) | Award | +20.1K | 20.1K | Jun 14, 2021 | Common Stock | 20.1K | $4.78 | Direct | F2, F4 |
Id | Content |
---|---|
F1 | 1/48 of the total shares underlying the option vest monthly beginning on April 1, 2019 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date. |
F2 | Pursuant to the business combination of ArcLight Clean Transition Corp. and Proterra Inc ("Old Proterra"), each share of Old Proterra outstanding common stock was automatically converted into the right to 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 awards. |
F3 | 1/48 of the total shares underlying the option vest monthly beginning on January 23, 2020 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date. |
F4 | 1/48 of the total shares underlying the option vest monthly beginning on January 21, 2021 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date. |