Paul D. Bloom - Oct 17, 2024 Form 4 Insider Report for Gevo, Inc. (GEVO)

Role
CCO & CIO
Signature
/s/ E. Cabell Massey, Attorney-in-Fact
Stock symbol
GEVO
Transactions as of
Oct 17, 2024
Transactions value $
-$48,973
Form type
4
Date filed
10/21/2024, 05:47 PM
Previous filing
Oct 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEVO Common Stock Sale -$49K -16K -1.66% $3.06 948K Oct 17, 2024 Direct F1, F2
holding GEVO Common Stock 20.1K Oct 17, 2024 By 401(k) Plan F3
* 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 reported sales were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 25, 2024.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.03 to $3.08 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.
F3 Between August 6 and October 21, 2024, the reporting person disposed of 15 shares of the issuer's common stock under the issuer's 401(k) plan to cover administrative fees.