Christopher L. Bailey - 29 Nov 2021 Form 4/A - Amendment Insider Report for Proterra Inc

Role
President, Powered & Energy
Signature
/s/ Joshua Damm, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
29 Nov 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
18 Mar 2022, 17:46:37 UTC
Date Of Original Report
01 Dec 2021
Previous filing
01 Dec 2021
Next filing
18 Mar 2022
SEC
View on sec.gov

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 Employee Stock Option (right to buy) Award $0 +89,249 $0.000000 89,249 29 Nov 2021 Common Stock 89,249 $13.68 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Due to an administrative error, the Form 4 filed for the Reporting Person on December 1, 2021 incorrectly reported the total number of options. This amended Form 4 corrects the error to update the options issued as 89,249.
F2 The stock option vests as of 1/48 of the total shares monthly beginning on May 20, 2021 until fully vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date.