Alisher K. Nurmat - Dec 12, 2023 Form 4 Insider Report for Gevo, Inc. (GEVO)

Role
VP Accounting and Treasurer
Signature
/s/ E. Cabell Massey, Attorney-in-Fact
Stock symbol
GEVO
Transactions as of
Dec 12, 2023
Transactions value $
-$627
Form type
4
Date filed
12/13/2023, 04:48 PM
Previous filing
Aug 4, 2023
Next filing
May 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEVO Common Stock Sale -$627 -586 -0.56% $1.07 105K Dec 12, 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 March 22, 2023. Represents shares sold by the Reporting Person to cover tax withholding obligations upon vesting of a restricted stock award.