Ted C. Smith - 12 Aug 2022 Form 4 Insider Report for Nuvve Holding Corp. (NVVE)

Role
President and COO, Director
Signature
/s/ Ted Smith
Issuer symbol
NVVE
Transactions as of
12 Aug 2022
Net transactions value
$0
Form type
4
Filing time
15 Nov 2022, 16:12:27 UTC
Previous filing
15 Jun 2022
Next filing
01 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVVE Common Stock Award $0 +11,101 +5.1% $0.000000 230,053 12 Aug 2022 Direct F1
transaction NVVE Common Stock Disposed to Issuer $0 -9,251 -4% $0.000000 220,802 11 Nov 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of restricted stock units ("RSUs"). In connection with Amendment No. 1 ("Amendment No. 1") to the Reporting Person's Employment Agreement, dated August 10, 2022, the Reporting Person received a grant of RSUs (the "RSU Award"), vesting monthly at the end of each month starting September 30, 2022 and ending August 31, 2023.
F2 In connection with the amendment and restatement of Amendment No. 1, dated November 11, 2022, the unvested portion of the RSU Award was cancelled and forfeited to the Company.