Thomas J. Healy - Feb 13, 2024 Form 4 Insider Report for Hyliion Holdings Corp. (HYLN)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Thomas J. Healy
Stock symbol
HYLN
Transactions as of
Feb 13, 2024
Transactions value $
$0
Form type
4
Date filed
2/15/2024, 06:02 PM
Previous filing
Nov 15, 2023
Next filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYLN Common Stock Award $0 +439K +1.31% $0.00 33.9M Feb 13, 2024 Direct F1

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 HYLN Performance Stock Incentive Units Award $0 +1.32M $0.00 1.32M Feb 13, 2024 Common Stock 1.32M Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received a grant of restricted stock units ("RSU Award") pursuant to the Issuer's 2020 Equity Incentive Plan. One-third (1/3) of the RSU Award will vest on February 13, 2025 and the remaining two-thirds (2/3) of the RSU Award will vest quarterly in equal amounts over a two-year period thereafter.
F2 The Reporting Person received a grant of performance stock incentive units ("PSU Award") pursuant to the Issuer's 2020 Equity Incentive Plan. The awards vest between February 13, 2025 and February 13, 2027 contingent upon achieving underlying closing stock price thresholds ranging from $2.00 to $3.00 per share over a 30-trading-day average.