Sherri Baker - Feb 24, 2022 Form 4 Insider Report for Hyliion Holdings Corp. (HYLN)

Role
Chief Financial Officer
Signature
/s/ Sherri Baker
Stock symbol
HYLN
Transactions as of
Feb 24, 2022
Transactions value $
$0
Form type
4
Date filed
2/28/2022, 08:57 PM
Previous filing
Dec 7, 2021
Next filing
Jun 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYLN Common Stock Award $0 +20K +25.61% $0.00 98.1K Feb 24, 2022 Direct F1
transaction HYLN Common Stock Award $0 +139K +141.58% $0.00 237K Feb 28, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted stock units ("PRSU") awarded pursuant to the Issuer's 2020 Equity Incentive Plan for which performance criteria have been satisfied that entitle the Reporting Person to receive one share of the Issuer's common stock per PRSU.
F2 The Reporting Person received a grant of restricted stock units ("RSU Award") pursuant to the Issuer's 2020 Equity Incentive Plan. One-third (1/3) of the RSU Award will vest on February 28, 2023 and the remaining two-thirds (2/3) of the RSU Award will vest quarterly in equal amounts over a two-year period thereafter.