Joshua Buettner-Garrett - Apr 3, 2024 Form 4 Insider Report for Solid Power, Inc. (SLDP)

Signature
/s/ James Liebscher, attorney-in-fact on behalf of Joshua Buettner-Garrett
Stock symbol
SLDP
Transactions as of
Apr 3, 2024
Transactions value $
-$343,275
Form type
4
Date filed
4/4/2024, 05:36 PM
Previous filing
Apr 1, 2024
Next filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLDP Common Stock Options Exercise $5.63K +188K +27.06% $0.03* 880K Apr 3, 2024 Direct F1
transaction SLDP Common Stock Sale -$349K -188K -21.29% $1.86 693K Apr 3, 2024 Direct F2, F3

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 SLDP Stock Option (Right to Buy) Options Exercise $0 -188K -7.68% $0.00 2.25M Apr 3, 2024 Common Stock 188K $0.03 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 1, 2023 (the "10b5-1 Plan") for a stock option award set to expire on March 20, 2025. The 10b5-1 Plan is structured to include several sale periods and was established to cover the reporting person's tax liability arising from the option exercises and for longer-term asset diversification.
F2 This sale was made pursuant to the 10b5-1 Plan.
F3 This transaction was executed in multiple trades at prices ranging from $1.82 to $1.915. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.