Tony Aquila - Aug 12, 2022 Form 4 Insider Report for Canoo Inc. (GOEV)

Signature
Tony Aquila, by /s/ Hector Ruiz, Attorney-in-Fact
Stock symbol
GOEV
Transactions as of
Aug 12, 2022
Transactions value $
$797,000
Form type
4
Date filed
8/16/2022, 04:30 PM
Previous filing
Jun 23, 2022
Next filing
Sep 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOEV Common Stock Purchase $797K +200K +8.55% $3.99 2.54M Aug 12, 2022 Direct F1, F2
holding GOEV Common Stock 51.2M Aug 12, 2022 By LLCs F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The purchase of shares of Common Stock reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2022.
F2 The price reported in Column 4 is a weighted average sale price. These shares were purchased in multiple transactions at prices ranging from $3.62 to $4.23, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide to any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F3 (i) 12,509,387 shares of Common Stock are held by AFV Partners SPV-4 LLC, a Delaware limited liability company ("AFV-4"), (ii) 35,273,268 shares of Common Stock are held by AFV Partners SPV-7 LLC, a Delaware limited liability company ("AFV-7") and (iii) 3,450,000 shares of Common Stock held by AFV Partners SPV-7/A LLC, a Delaware limited liability company ("AFV-7/A"). AFV Management Advisors LLC, a Delaware limited liability company ("AFV") is the sole manager and controlling member of AFV-4, AFV-7 and AFV-7/A. Mr. Aquila is the managing member of AFV, which exercises ultimate voting and investment power with respect to the shares held by AFV-4, AFV-7 and AFV-7/A. The Reporting Person disclaims beneficial ownership of the shares held by AFV 4, AFV 7 and AFV-7/A, except to the extent of his pecuniary interest therein.