Panoraia Gourdoupi - Aug 31, 2022 Form 4 Insider Report for ADVENT TECHNOLOGIES HOLDINGS, INC. (ADN)

Role
Director
Signature
/s/ Panoraia Gourdoupi
Stock symbol
ADN
Transactions as of
Aug 31, 2022
Transactions value $
$0
Form type
4
Date filed
9/6/2022, 07:38 AM
Previous filing
Aug 5, 2022
Next filing
Apr 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADN Common Stock Tax liability $0 -4.69K -1.24% $0.00 375K Aug 31, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Forfeiture of shares upon vesting of restricted stock units ("RSUs") on August 31, 2022. The RSUs were granted August 31, 2021, pursuant to Issuer's 2021 Equity Incentive Plan, dated February 4, 2021. Such RSUs are a common stock equivalent that may be settled solely by delivery of an equal number of shares of Issuer's common stock.
F2 Represents shares that have been withheld by the Issuer to satisfy income tax and withholding and remittance obligations in connection with the net settlement of RSUs and does not represent a sale by the Reporting Person.