Martin Lauber - Mar 8, 2022 Form 4 Insider Report for Volta Inc. (VLTA)

Role
Director
Signature
/s/ James DeGraw, as Attorney-in-Fact
Stock symbol
VLTA
Transactions as of
Mar 8, 2022
Transactions value $
$0
Form type
4
Date filed
3/10/2022, 07:22 PM
Previous filing
Aug 30, 2021
Next filing
Aug 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLTA Class A Common Stock Award $0 +23.9K +10.07% $0.00 262K Mar 8, 2022 Direct F1
holding VLTA Class A Common Stock 511K Mar 8, 2022 By 19Y Ventures VI, LLC F2
holding VLTA Class A Common Stock 822K Mar 8, 2022 By 19Y Ventures VI-2, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock underlying a restricted stock unit award ("RSU") granted under the Issuer's 2021 Equity Incentive Plan. The RSU will vest as to 1/3 of the total number of shares on August 26, 2022, and 1/3 of the total number of shares will vest on each annual anniversary thereafter, subject to the Reporting Person's continued service through each vesting date.
F2 The Reporting Person is the Managing Member of 19Y Ventures VI, LLC and 19Y Ventures VI-2, LLC. As Managing Member of these entities, the Reporting Person has voting and dispositive power with respect to the shares held by these entities and may be deemed to beneficially own the shares of common stock held by these entities.