Spencer D. Jackson - Dec 8, 2022 Form 4/A - Amendment Insider Report for Getaround, Inc (GETR)

Role
General Counsel & Secretary
Signature
/s/ Spencer D. Jackson
Stock symbol
GETR
Transactions as of
Dec 8, 2022
Transactions value $
$0
Form type
4/A - Amendment
Date filed
2/8/2023, 07:53 PM
Date Of Original Report
Dec 12, 2022
Next filing
Dec 15, 2022

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 GETR Earnout Shares Award +10.5K 10.5K Dec 8, 2022 Common Stock 10.5K By IRA F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon consummation of the Business Combination, the Reporting Person received the right to acquire shares of Common Stock as follows if, at any time during the period following the Closing Date and expiring on the seventh anniversary of the Closing Date, the volume-weighted average price of Common Stock equals or exceeds the respective price for any 20 trading days within any 30 consecutive trading days: 10.0% of the Earnout Shares at $13.50; 10.0% of the Earnout Shares at $17.00; 13.3% of the Earnout Shares at $25.00; 16.7% of the Earnout Shares at $30.00; 16.7% of the Earnout Shares at $37.00; 16.7% of the Earnout Shares at $46.00; and 16.7% of the Earnout Shares at $55.00.

Remarks:

This amendment to Form 4 is being filed to correct an error in the number of Earnout Shares that the Reporting Person received the right to acquire upon the consummation of the Business Combination reported in the original Form 4 filed on December 12, 2022. Capitalized terms not defined herein shall have the meaning assigned to them in the original Form 4 filed on December 12, 2022.