Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PTRA | Common Stock | Tax liability | -$89K | -9.02K | -41.04% | $9.86* | 13K | Aug 16, 2021 | Direct | F1 |
Id | Content |
---|---|
F1 | Represents the sale of shares of common stock in order to satisfy the tax liability of the Reporting Person in connection with the distribution of 21,985 shares of common stock previously reported on Table I pursuant to the earnout provision set forth in Section 3.09(a)(i) of the Agreement and Plan of Merger, dated as of January 11, 2021, by and among Proterra Inc (formerly ArcLight Clean Transition Corp.), Phoenix Merger Sub, Inc., and Proterra Operating Company, Inc. (formerly Proterra Inc) (the "Merger Agreement"). |