Alisher K. Nurmat - Jul 31, 2024 Form 4 Insider Report for Gevo, Inc. (GEVO)

Signature
/s/ E. Cabell Massey, Attorney-in-Fact
Stock symbol
GEVO
Transactions as of
Jul 31, 2024
Transactions value $
-$1,968
Form type
4
Date filed
8/1/2024, 06:27 PM
Previous filing
May 24, 2024
Next filing
Aug 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEVO Common Stock Sale -$1.97K -3.34K -1.66% $0.59 197K Jul 31, 2024 Direct F1, F2
holding GEVO Common Stock 15.3K Jul 31, 2024 By 401(k) Plan
* 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 Represents shares sold by the Reporting Person to cover tax withholding obligations upon vesting of a restricted stock award. The reported sales were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 20, 2024.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.5800 to $0.5995 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.