Ted Smith - Dec 6, 2023 Form 4 Insider Report for Nuvve Holding Corp. (NVVE)

Role
President and COO, Director
Signature
/s/ Ted Smith
Stock symbol
NVVE
Transactions as of
Dec 6, 2023
Transactions value $
$0
Form type
4
Date filed
12/8/2023, 04:07 PM
Previous filing
Sep 5, 2023

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 NVVE Employee Stock Option (Right to Buy) Award $0 +65K +10.52% $0.00 683K Dec 6, 2023 Common Stock 65K $0.16 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 50% of options vest as to 1/4 of the shares on the last day of the fiscal quarter in which the first anniversary of the grant date occurs and shall vest as to 1/16 of the shares on the last day of the following 12 fiscal quarters, and the remaining 50% of the options shall vest immediately upon the occurrence of a performance-based criteria.