James P. Berklas Jr. - 21 Apr 2022 Form 4 Insider Report for XL Fleet Corp. (SPRU)

Role: General Counsel
Signature: /s/ Stacey Constas, Associate General Counsel
Issuer symbol: SPRU
Transactions as of: 21 Apr 2022
Net transactions value: $0
Form type: 4
Filing time: 22 Apr 2022, 12:41:08 UTC
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPRU	Common Stock	Award	$0	+190,000	+2360%	$0.000000	198,051	21 Apr 2022	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The securities awarded are in the form of restricted stock units issued pursuant to the issuer's 2020 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. Subject to the reporting person's continued service through the vesting date, all of the restricted stock units shall vest on the 12 month anniversary of the April 21, 2022 grant date.

Content

The securities awarded are in the form of restricted stock units issued pursuant to the issuer's 2020 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. Subject to the reporting person's continued service through the vesting date, all of the restricted stock units shall vest on the 12 month anniversary of the April 21, 2022 grant date.