John J. Tough - 08 Mar 2022 Form 4 Insider Report for Volta Inc.

Role
Director
Signature
/s/ James DeGraw, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
08 Mar 2022
Net transactions value
$0
Form type
4
Filing time
10 Mar 2022, 19:24:41 UTC
Previous filing
30 Aug 2021
Next filing
02 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLTA Class A Common Stock Award $0 +23,924 $0.000000 23,924 08 Mar 2022 Direct F1
holding VLTA Class A Common Stock 1,644,107 08 Mar 2022 By Energize Growth Fund I LP F2
holding VLTA Class A Common Stock 8,414,566 08 Mar 2022 By Energize Ventures Fund LP F3
holding VLTA Class A Common Stock 1,848,507 08 Mar 2022 By EV Volta SPV LLC F4
* 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 Energize Growth I GP LLC ("Growth GP") is the general partner of Energize Growth Fund I LP ("EGF"). The Reporting Person is the Managing Partner of Growth GP and has sole voting and investment power over the shares held by EGF. As such, the Reporting Person may be deemed to be the beneficial owner of such shares and disclaims any beneficial ownership of such shares.
F3 The Reporting Person is the Managing Partner of Energize Ventures Fund LP ("EVF") and has sole voting and investment power over the shares held by EVF. As such, the Reporting Person may be deemed to be the beneficial owner of such shares and disclaims any beneficial ownership of such shares.
F4 Energize Ventures GP LLC ("Ventures GP") is the manager of EV Volta SPV LLC ("Volta SPV"). The Reporting Person is the Managing Partner of Ventures GP and has sole voting and investment power over the shares held by Volta SPV. As such, the Reporting Person may be deemed to be the beneficial owner of such shares and disclaims any beneficial ownership of such shares.