Thomas J. Healy - Mar 26, 2023 Form 4 Insider Report for Hyliion Holdings Corp. (HYLN)

Signature
/s/ Thomas J. Healy
Stock symbol
HYLN
Transactions as of
Mar 26, 2023
Transactions value $
-$19,542
Form type
4
Date filed
3/28/2023, 07:01 PM
Previous filing
Mar 2, 2023
Next filing
Jun 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYLN Common Stock Tax liability -$19.5K -9.13K -0.03% $2.14 33.4M Mar 26, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares withheld for the payment of a tax liability related to the vesting and distribution of restricted stock awards.