Tony Aquila - Dec 10, 2021 Form 4 Insider Report for Canoo Inc. (GOEV)

Role
Executive Chairman and CEO, Director, 10%+ Owner
Signature
Tony Aquila, by /s/ Michael Fielkow, Attorney-in-Fact
Stock symbol
GOEV
Transactions as of
Dec 10, 2021
Transactions value $
$20,988,000
Form type
4
Date filed
12/14/2021, 04:21 PM
Previous filing
Nov 22, 2021
Next filing
Jun 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOEV Common Stock Exercise of in-the-money or at-the-money derivative security $14M +2.4M +5.04% $5.83 50M Dec 10, 2021 By LLCs F1
transaction GOEV Common Stock Exercise of in-the-money or at-the-money derivative security $7M +1.2M +2.4% $5.83 51.2M Dec 10, 2021 By LLCs F1
holding GOEV Common Stock 1.54M Dec 10, 2021 Direct

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 GOEV Option (Right to Buy) Exercise of in-the-money or at-the-money derivative security $0 -1 -100% $0.00* 0 Dec 10, 2021 Common Stock 2.4M $5.83 By LLC F2
transaction GOEV Option (Right to Buy) Exercise of in-the-money or at-the-money derivative security $0 -1 -100% $0.00* 0 Dec 10, 2021 Common Stock 1.2M $5.83 By LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Following the exercise of the options, the shares are held as follows: 12,359,387 shares are held directly by AFV Partners SPV-4 LLC ("AFV 4"); 35,273,268 are held directly by AFV Partners SPV-7 LLC ("AFV 7"); and 3,600,000 shares are held directly by AFV Partners LLC ("AFV Partners"). The Reporting Person is (i) the managing member of AFV Management Advisors LLC, which exercises ultimate voting and investment power with respect to the shares held by AFV 4 and AFV 7; and (ii) the sole member and manager of AFV Partners. The Reporting Person disclaims beneficial ownership of the shares held by AFV 4, AFV 7 and AFV Partners, except to the extent of his pecuniary interest therein.
F2 The options were held by AFV Partners. Reporting Person is the sole member and manager of AFV Partners.