Jon Panzer - 13 Feb 2024 Form 4 Insider Report for Hyliion Holdings Corp. (HYLN)

Role
Chief Financial Officer
Signature
/s/ Jon Panzer
Issuer symbol
HYLN
Transactions as of
13 Feb 2024
Net transactions value
$0
Form type
4
Filing time
15 Feb 2024, 18:03:20 UTC
Previous filing
15 Nov 2023
Next filing
29 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYLN Common Stock Award $0 +257,500 +79% $0.000000 584,951 13 Feb 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 +257,500 $0.000000 257,500 13 Feb 2024 Common Stock 257,500 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.