Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HYLN | Common Stock | Options Exercise | $8.6K | +100K | +12.02% | $0.09* | 932K | Sep 24, 2021 | Direct | |
transaction | HYLN | Common Stock | Sale | -$813K | -100K | -10.73% | $8.13 | 832K | Oct 1, 2021 | Direct | F1, F2 |
holding | HYLN | Common Stock | 167K | Sep 24, 2021 | By Spouse |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HYLN | Stock Option (Right to Buy) | Options Exercise | -100K | -12.61% | 693K | Sep 24, 2021 | Common Stock | $100K | $0.09 | Direct | F3, F4 |
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. |
F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.49, inclusive. Full information regarding the number of shares sold at each separate price will be provided upon request by the SEC staff, the issuer, or any security holder of the issuer. |
F3 | The option became exercisable in equal quarterly installments over 4 years beginning on August 29, 2016. |
F4 | The option was received in exchange for an option to purchase 750,000 shares of Hyliion Inc. ("Legacy Hyliion") common stock pursuant to the Business Combination Agreement and Plan of Reorganization, dated as of June 18, 2020, by and among Tortoise Acquisition Corp. ("Tortoise"), Legacy Hyliion and SHLL Merger Sub Inc., a wholly-owned subsidiary of Tortoise ("Merger Sub"), pursuant to which Merger Sub merged with and into Legacy Hyliion, with Legacy Hyliion surviving the merger as a wholly-owned subsidiary of Tortoise (which subsequently changed its name to "Hyliion Holdings Corp."). |