Ted C. Smith - 06 Dec 2023 Form 4 Insider Report for Nuvve Holding Corp. (NVVE)

Role
President and COO, Director
Signature
/s/ Ted Smith
Issuer symbol
NVVE
Transactions as of
06 Dec 2023
Net transactions value
$0
Form type
4
Filing time
08 Dec 2023, 16:07:17 UTC
Previous filing
05 Sep 2023
Next filing
20 Dec 2024
SEC
View on sec.gov

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 +65,000 +11% $0.000000 682,628 06 Dec 2023 Common Stock 65,000 $0.1600 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.