John P. Miller - May 4, 2022 Form 4 Insider Report for XL Fleet Corp. (SPRU)

Role
Director
Signature
/s/ Stacey Constas
Stock symbol
SPRU
Transactions as of
May 4, 2022
Transactions value $
$0
Form type
4
Date filed
5/6/2022, 02:37 PM
Previous filing
Mar 10, 2022
Next filing
Sep 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPRU Common Stock Award $0 +242K $0.00 242K May 4, 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 issuer common stock. Subject to the reporting person's continued service through each applicable vesting date, 145,161 units of the restricted stock units shall become one-third vested on the first anniversary of May 4, 2022, one-third vested on the second anniversary of May 4, 2022, and one-third vested on the third anniversary of May 4, 2022; 96,774 units of the restricted stock units shall become fully vested on the first anniversary date of May 4, 2022.