MICHAEL G. FIELD - 30 Jan 2025 Form 4 Insider Report for Polar Power, Inc. (POLA)

Role: Director
Signature: /s/ MICHAEL G. FIELD
Issuer symbol: POLA
Transactions as of: 30 Jan 2025
Net transactions value: +$7,849
Form type: 4
Filing time: 11 Mar 2025, 09:01:03 UTC
Previous filing: 11 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	POLA	Common Stock	Award	$7,849	+2,679		$2.93	2,679	30 Jan 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Michael G. Field and the Registrant signed an offer letter (the "Offer Letter") on July 24, 2024. The Registrant effected a 1:7 reverse stock split (the "Split") on November 18, 2024. Pursuant to the Offer Letter, Michael Field chose to receive 18,750 shares of Common Stock, or 2,679 shares of Common Stock on a post-Split basis, under the 2016 Omnibus Incentive Plan, instead of a cash payment of $7,500 per quarter for the fourth quarter of 2024.

Content

Michael G. Field and the Registrant signed an offer letter (the "Offer Letter") on July 24, 2024. The Registrant effected a 1:7 reverse stock split (the "Split") on November 18, 2024. Pursuant to the Offer Letter, Michael Field chose to receive 18,750 shares of Common Stock, or 2,679 shares of Common Stock on a post-Split basis, under the 2016 Omnibus Incentive Plan, instead of a cash payment of $7,500 per quarter for the fourth quarter of 2024.