Robert J. Markelewicz Jr. - 13 Nov 2024 Form 4 Insider Report for Abpro Holdings, Inc. (ABP)

Signature
/s/ Nelson Mullins Riley & Scarborough LLP, Attorney-in-Fact
Issuer symbol
ABP
Transactions as of
13 Nov 2024
Net transactions value
$0
Form type
4
Filing time
15 Nov 2024, 21:29:51 UTC

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ABP Stock option (right to buy) Award $0 +24,300 $0.000000 24,300 13 Nov 2024 Common Stock, par value $0.0001 per share 24,300 $1.73 Direct F1, F2
transaction ABP Stock option (right to buy) Award $0 +538,600 $0.000000 538,600 13 Nov 2024 Common Stock, par value $0.0001 per share 538,600 $1.73 Direct F1, F2
transaction ABP Stock option (right to buy) Award $0 +29,800 $0.000000 29,800 13 Nov 2024 Common Stock, par value $0.0001 per share 29,800 $1.63 Direct F1, F2
transaction ABP Stock option (right to buy) Award $0 +40,800 $0.000000 40,800 13 Nov 2024 Common Stock, par value $0.0001 per share 40,800 $1.67 Direct F1, F2
transaction ABP Stock option (right to buy) Award $0 +41,700 $0.000000 41,700 13 Nov 2024 Common Stock, par value $0.0001 per share 41,700 $1.63 Direct F1, F3
transaction ABP Stock option (right to buy) Award $0 +74,600 $0.000000 74,600 13 Nov 2024 Common Stock, par value $0.0001 per share 74,600 $1.73 Direct F1, F2
transaction ABP Stock option (right to buy) Award $0 +10,200 $0.000000 10,200 13 Nov 2024 Common Stock, par value $0.0001 per share 10,200 $1.63 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the issuance by Abpro Holdings, Inc. (f/k/a Atlantic Coastal Acquisition Corp. II) (the "Issuer") of rollover stock options awards in connection with the closing of the business combination between Issuer and Abpro Corporation, a Delaware corporation ("Abpro"), pursuant to a Business Combination Agreement, dated as of December 11, 2023 (as amended by Amendment No. 1 to Business Combination Agreement, dated September 4, 2024, the "Business Combination Agreement"), among the Issuer, Abpro Merger Sub Corp, a Delaware corporation, and Abpro.
F2 This stock option award is 100% vested.
F3 This stock option award was initially granted by Abpro to the reporting person on April 14, 2021. The sock option award vests as follows: twenty-five percent (25%) the shares subject to the option vested on April 14, 2022, and the remaining seventy-five percent (75%) of the total number of shares subject to the option vest in thirty-six (36) substantially equal monthly installments thereafter, subject to the reporting person's continuous service to the Issuer through such date.
F4 This stock option award was initially granted by Abpro to the reporting person on February 18, 2022. The sock option award vests as follows: twenty-five percent (25%) the shares subject to the option vested on February 18, 2023, and the remaining seventy-five percent (75%) of the total number of shares subject to the option vest in thirty-six (36) substantially equal monthly installments thereafter, subject to the reporting person's continuous service to the Issuer through such date.