Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HYLN | Common Stock | Options Exercise | $8.6K | +100K | +12.02% | $0.09* | 932K | Jul 29, 2021 | Direct | |
holding | HYLN | Common Stock | 167K | Jul 29, 2021 | By Spouse |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HYLN | Stock Option (Right to Buy) | Options Exercise | -$100K | 793K | Jul 29, 2021 | Common Stock | 100K | $0.09 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The option became exercisable in equal quarterly installments over 4 years beginning on August 29, 2016. |
F2 | The option was received in exchange for an option to purchase 750,000 shares of Hyliion Inc. ("Legacy Hyliion") common stock pursuant to the Business Combination Agreement and Plan of Reorganization, dated as of June 18, 2020, by and among Tortoise Acquisition Corp. ("Tortoise"), Legacy Hyliion and SHLL Merger Sub Inc., a wholly-owned subsidiary of Tortoise ("Merger Sub"), pursuant to which Merger Sub merged with and into Legacy Hyliion, with Legacy Hyliion surviving the merger as a wholly-owned subsidiary of Tortoise (which subsequently changed its name to "Hyliion Holdings Corp."). |