Paul D. Bloom - 11 Apr 2023 Form 4 Insider Report for Gevo, Inc. (GEVO)

Role
CCO & CIO
Signature
/s/ E. Cabell Massey, Attorney-in-Fact
Issuer symbol
GEVO
Transactions as of
11 Apr 2023
Net transactions value
-$7,469
Form type
4
Filing time
13 Apr 2023, 16:11:23 UTC
Previous filing
24 Aug 2022
Next filing
01 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEVO Common Stock Sale $7,469 -5,975 -1.2% $1.25 512,582 11 Apr 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 The sales reported were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on June 1, 2022. Represents shares sold by the Reporting Person to cover tax withholding obligations upon vesting of a restricted stock award.