John J. Tough - 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, 07:24 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 $0.00 23.9K Mar 8, 2022 Direct F1
holding VLTA Class A Common Stock 1.64M Mar 8, 2022 By Energize Growth Fund I LP F2
holding VLTA Class A Common Stock 8.41M Mar 8, 2022 By Energize Ventures Fund LP F3
holding VLTA Class A Common Stock 1.85M Mar 8, 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.