Patrick Sexton - Jul 19, 2021 Form 4 Insider Report for Hyliion Holdings Corp. (HYLN)

Role: Chief Technology Officer
Signature: /s/ Patrick Sexton
Stock symbol: HYLN
Transactions as of: Jul 19, 2021
Transactions value $: $5,355
Form type: 4
Date filed: 2/4/2022, 03:02 PM
Next filing: Oct 20, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HYLN	Common Stock	Options Exercise	$2.16K	+13.7K	+4.51%	$0.16^*	317K	Jul 19, 2021	Direct
transaction	HYLN	Common Stock	Options Exercise	$3.2K	+13.7K	+4.31%	$0.23^*	330K	Jul 19, 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	HYLN	Stock Option (Right to Buy)	Options Exercise	$0	-13.7K	-12.5%	$0.00	95.6K	Jul 19, 2021	Common Stock	13.7K	$0.16	Direct	F1
transaction	HYLN	Stock Option (Right to Buy)	Options Exercise	$0	-13.7K	-10%	$0.00	123K	Jul 19, 2021	Common Stock	13.7K	$0.23	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option, representing a right to purchase a total of 218,580 shares of common stock of the Issuer ("Common Stock"), became exercisable with respect to 25% of the Common Stock on June 3, 2020, and continues to become exercisable in equal quarterly installments thereafter over the following three years.
F2	The option, representing a right to purchase a total of 218,580 shares of common stock of the Issuer ("Common Stock"), became exercisable with respect to 25% of the Common Stock on January 16, 2021, and continues to become exercisable in equal quarterly installments thereafter over the following three years.