John J. Tough - 30 Jul 2022 Form 4 Insider Report for Volta Inc.

Role: Director
Signature: /s/ Francois P. Chadwick, as Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 30 Jul 2022
Net transactions value: $0
Form type: 4
Filing time: 02 Aug 2022, 17:06:35 UTC
Previous filing: 10 Mar 2022
Next filing: 24 Feb 2023
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	+92,206	+385%	$0.000000	116,130	30 Jul 2022	Direct	F1
holding	VLTA	Class A Common Stock						1,644,107	30 Jul 2022	By Energize Growth Fund I LP	F2
holding	VLTA	Class A Common Stock						8,414,566	30 Jul 2022	By Energize Ventures Fund LP	F3
holding	VLTA	Class A Common Stock						1,848,507	30 Jul 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 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	Energize Growth I GP LLC ("Growth GP") is the general partner of 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.