Christopher L. Bailey - 26 May 2022 Form 4 Insider Report for Proterra Inc

Role: President, Powered & Energy
Signature: /s/ Joshua Damm, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 26 May 2022
Net transactions value: -$22,640
Form type: 4
Filing time: 31 May 2022, 18:59:28 UTC
Previous filing: 18 Mar 2022
Next filing: 29 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PTRA	Common Stock	Sale	$22,640	-3,746	-1.1%	$6.04^*	327,011	26 May 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sale reported on this Form 4 represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. These sales are mandated by the Issuer's election under its equity incentive plan to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.

Content

The sale reported on this Form 4 represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. These sales are mandated by the Issuer's election under its equity incentive plan to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.