JoAnn Covington - Nov 14, 2022 Form 4 Insider Report for Proterra Inc (PTRA)

Signature
JoAnn Covington, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
PTRA
Transactions as of
Nov 14, 2022
Transactions value $
-$279,432
Form type
4
Date filed
11/16/2022, 06:41 PM
Previous filing
Sep 7, 2022
Next filing
Mar 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTRA Common Stock Options Exercise $114K +52.4K +41.26% $2.18* 180K Nov 14, 2022 Direct
transaction PTRA Common Stock Sale -$394K -52.4K -29.21% $7.51* 127K Nov 14, 2022 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PTRA Stock Option (Right to Buy) Options Exercise $0 -52.4K -11.75% $0.00 394K Nov 14, 2022 Common Stock 52.4K $2.18 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 23, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.50 to $7.54, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F3 This option is fully vested and exercisable.