Gareth T. Joyce - Dec 13, 2021 Form 4 Insider Report for Proterra Inc (PTRA)

Role
President of Proterra Oper Co.
Signature
/s/ Luke Finn, Attorney-in-Fact
Stock symbol
PTRA
Transactions as of
Dec 13, 2021
Transactions value $
$100,146
Form type
4
Date filed
12/15/2021, 05:56 PM
Previous filing
Oct 25, 2021
Next filing
Feb 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTRA Common Stock Options Exercise $100K +21K +71.91% $4.78* 50.1K Dec 13, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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) Options Exercise $0 -21K -25% $0.00 62.9K Dec 13, 2021 Common Stock 21K $4.78 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option (representing a right to purchase a total of 83,802 shares) vests as to 25% of the total shares on November 17, 2021, and thereafter vests as to the total shares quarterly until fully vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date. In the Reporting Person's Form 4 filed on June 16, 2021, Footnote (1) inadvertently reported that the vesting of this stock option (as well as the other stock option beneficially owned by the Reporting Person that was reported in such Form 4) commenced on December 17, 2021.