Derek C. Johnson - Mar 2, 2023 Form 4 Insider Report for Solid Power, Inc. (SLDP)

Role: Chief Operating Officer
Signature: /s/ James Liebscher, attorney-in-fact on behalf of Derek C. Johnson
Stock symbol: SLDP
Transactions as of: Mar 2, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/3/2023, 02:34 PM
Previous filing: May 13, 2022
Next filing: May 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SLDP	Common Stock	Award	$0	+254K	+287.62%	$0.00	342K	Mar 2, 2023	Direct	F1

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)	Award	$0	+549K		$0.00	549K	Mar 2, 2023	Common Stock	549K	$3.11	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of the underlying common stock of the Issuer. The restricted stock units will vest as to 25% of the granted number on March 2, 2024, and the remaining 75% of the granted number will vest in 12 equal quarterly installments commencing on March 31, 2024, and thereafter at the end of each fiscal quarter of the Issuer, subject to the reporting person continuing to be a service provider (as defined in the Issuer's 2021 Equity Incentive Plan) through the applicable vesting date.
F2	The stock option will vest as to 25% of the shares of the Issuer's common stock underlying the grant on March 2, 2024, and will vest as to the remaining 75% of the shares underlying the grant in 12 equal quarterly installments commencing on March 31, 2024, and thereafter at the end of each fiscal quarter of the Issuer, subject to the reporting person continuing to be a service provider (as defined in the Issuer's 2021 Equity Incentive Plan) through the applicable vesting date.

Content

Each restricted stock unit represents a contingent right to receive one share of the underlying common stock of the Issuer. The restricted stock units will vest as to 25% of the granted number on March 2, 2024, and the remaining 75% of the granted number will vest in 12 equal quarterly installments commencing on March 31, 2024, and thereafter at the end of each fiscal quarter of the Issuer, subject to the reporting person continuing to be a service provider (as defined in the Issuer's 2021 Equity Incentive Plan) through the applicable vesting date.

The stock option will vest as to 25% of the shares of the Issuer's common stock underlying the grant on March 2, 2024, and will vest as to the remaining 75% of the shares underlying the grant in 12 equal quarterly installments commencing on March 31, 2024, and thereafter at the end of each fiscal quarter of the Issuer, subject to the reporting person continuing to be a service provider (as defined in the Issuer's 2021 Equity Incentive Plan) through the applicable vesting date.