Vincent T. Cubbage - 31 Mar 2023 Form 4 Insider Report for Volta Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
31 Mar 2023, 14:45:31 UTC
Prior SEC filing
15 Mar 2023
Next SEC filing
15 Nov 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brandt Hastings, as attorney-in-fact

Key filing fact

Vincent T. Cubbage filed Form 4 for Volta Inc. on 31 Mar 2023.

Key facts

  • This page summarizes Vincent T. Cubbage's Form 4 filing for Volta Inc..
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 31 Mar 2023, 14:45.

Change

  • Previous filing in this sequence was filed on 15 Mar 2023.
  • Current net transaction value: -$1,727,903.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VLTA transaction

Class A Common Stock

Disposed to Issuer

Transaction value
$1,307,363
Shares
-1,520,190
Change %
-100%
Price
$0.8600
Shares after
0
Date
31 Mar 2023
Ownership
Direct
Footnotes
F1
VLTA transaction

Class A Common Stock

Disposed to Issuer

Transaction value
$420,540
Shares
-489,000
Change %
-100%
Price
$0.8600
Shares after
0
Date
31 Mar 2023
Ownership
By 3 Chiefs Family Trust
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Vincent T. Cubbage is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Represents shares of Class A Common Stock ("Shares"), which were cancelled in exchange for the cash merger consideration equal to $0.86 per Share pursuant to that certain Agreement and Plan of Merger between issuer, Shell USA, Inc., and SEV Subsidiary, Inc., dated January 17, 2023 (the "Merger Agreement") and includes 318,155 Shares underlying restricted stock unit awards. The merger became effective on March 31, 2023.

Footnote F2

Represents Shares that are held in trust for the benefit of the Reporting Person's spouse and children, which the Reporting Person's spouse is a trustee of, and such Shares were cancelled in exchange for the cash merger consideration equal to $0.86 per Share pursuant to the Merger Agreement.

SEC remarks

Exhibit 24.1 - Power of Attorney

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