Stacey Constas - 10 May 2022 Form 3 Insider Report for XL Fleet Corp. (SPRU)

Role
General Counsel
Signature
/s/ Stacey Constas
Issuer symbol
SPRU
Transactions as of
10 May 2022
Net transactions value
$0
Form type
3
Filing time
20 May 2022, 15:45:47 UTC
Next filing
23 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SPRU Common Stock 8,043 10 May 2022 Direct F1

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
holding SPRU Stock Option (right to buy) 10 May 2022 Common Stock 10,979 $1.81 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities are in the form of restricted stock units (RSUs) that each represent a contingent right to receive one share of the issuer's common stock. Subject to the reporting person's continued service through the vesting dates, 25% of the RSUs will vest on each of February 7, 2023, February 7, 2024, February 7, 2025 and February 7, 2026.
F2 Options for one-fourth of the shares vest on each of February 7, 2023, February 7, 2024, February 7, 2025, and February 7, 2026.