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

Role
President and COO, Director
Signature
/s/ Ted Smith
Stock symbol
NVVE
Transactions as of
Aug 12, 2022
Transactions value $
$0
Form type
4
Date filed
11/15/2022, 04:12 PM
Previous filing
Jun 15, 2022
Next filing
Dec 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVVE Common Stock Award $0 +11.1K +5.07% $0.00 230K Aug 12, 2022 Direct F1
transaction NVVE Common Stock Disposed to Issuer $0 -9.25K -4.02% $0.00 221K Nov 11, 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.