Govindaraj Ramasamy - 18 Feb 2025 Form 4 Insider Report for Hyliion Holdings Corp. (HYLN)

Role: Chief Commercial Officer
Signature: /s/ Govindaraj Ramasamy
Issuer symbol: HYLN
Transactions as of: 18 Feb 2025
Net transactions value: $0
Form type: 4
Filing time: 20 Feb 2025, 17:47:15 UTC
Previous filing: 13 Feb 2025
Next filing: 06 Mar 2025
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	+78,948	+18%	$0.000000	519,287	18 Feb 2025	Direct	F1
transaction	HYLN	Common Stock	Award	$0	+50,000	+9.6%	$0.000000	569,287	18 Feb 2025	Direct	F2

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	+236,843		$0.000000	236,843	18 Feb 2025	Common Stock	236,843		Direct	F3

* 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 2024 Equity Incentive Plan. One-third (1/3) of the RSU Award will vest on February 18, 2026, 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 unrestricted common stock pursuant to the Issuer's 2024 Equity Incentive Plan to satisfy an obligation contained in his offer letter.
F3	The Reporting Person received a grant of performance stock incentive units ("PSU Award") pursuant to the Issuer's 2024 Equity Incentive Plan. The award is contingent upon achieving underlying closing stock price thresholds ranging from $4.00 to $6.00 per share over a 90 to 180-calendar-day average by December 31, 2027.