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

Role
Chief Financial Officer
Signature
/s/ Sherri Baker
Issuer symbol
HYLN
Transactions as of
24 Feb 2022
Net transactions value
$0
Form type
4
Filing time
28 Feb 2022, 20:57:23 UTC
Previous filing
07 Dec 2021
Next filing
27 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYLN Common Stock Award $0 +20,000 +26% $0.000000 98,096 24 Feb 2022 Direct F1
transaction HYLN Common Stock Award $0 +138,889 +142% $0.000000 236,985 28 Feb 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.