Martin Lauber - Jul 30, 2022 Form 4 Insider Report for Volta Inc. (VLTA)

Role
Director
Signature
/s/ Francois P. Chadwick, as Attorney-in-Fact
Stock symbol
VLTA
Transactions as of
Jul 30, 2022
Transactions value $
$0
Form type
4
Date filed
8/2/2022, 05:03 PM
Previous filing
Mar 10, 2022
Next filing
Dec 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLTA Class A Common Stock Award $0 +92.2K +35.25% $0.00 354K Jul 30, 2022 Direct F1
holding VLTA Class A Common Stock 511K Jul 30, 2022 By 19Y Ventures VI, LLC F2
holding VLTA Class A Common Stock 822K Jul 30, 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 in connection with annual awards to directors for service as a member of the Issuer's Board of Directors. The RSU will vest in full on the earlier of (i) July 30, 2023, and (ii) the date of the Issuer's next annual shareholder's meeting, subject to the Reporting Person's continued service as a member of the Board of Directors through such 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.