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

Role
Director
Signature
/s/ Panoraia Gourdoupi
Issuer symbol
ADN
Transactions as of
31 Aug 2022
Net transactions value
$0
Form type
4
Filing time
06 Sep 2022, 07:38:23 UTC
Previous filing
05 Aug 2022
Next filing
14 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADN Common Stock Tax liability $0 -4,688 -1.2% $0.000000 374,797 31 Aug 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.