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

Role
Chief Financial Officer
Signature
/s/ David G. Robson
Stock symbol
NVVE
Transactions as of
Dec 6, 2023
Transactions value $
$0
Form type
4
Date filed
12/8/2023, 04:10 PM
Previous filing
Oct 24, 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 +50K +16.67% $0.00 350K Dec 6, 2023 Common Stock 50K $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.