Naiem Hussain - 15 Feb 2024 Form 4 Insider Report for ADVENT TECHNOLOGIES HOLDINGS, INC. (ADN)

Role: Chief Financial Officer
Signature: /s/ Naiem Hussain
Issuer symbol: ADN
Transactions as of: 15 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 20 Feb 2024, 19:30:48 UTC
Previous filing: 12 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ADN	Common Stock	Award	$0	+166,779	+196%	$0.000000	251,779	15 Feb 2024	Direct	F1, 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	ADN	Employee stock options (right to buy)	Award	$0	+166,779		$0.000000	166,779	15 Feb 2024	Common Stock	166,779	$0.1650	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Restricted stock units ("RSUs") representing a contingent right to receive common stock, granted pursuant to Issuer's 2021 Equity Incentive Plan, dated February 4, 2021 (the "Plan").
F2	RSUs are a common stock equivalent that may be settled solely by delivery of an equal number of shares of Issuer's common stock. They vest 25% on each anniversary of the grant date and will be fully vested on February 15, 2028.
F3	Received pursuant to the Plan. The options will vest 25% upon each anniversary of February 15, 2024, the vesting commencement date, until the fourth anniversary of the vesting commencement date on February 15, 2028.