Michelle Kley - 31 Mar 2023 Form 4 Insider Report for Volta Inc.

Reporting relationship: Chief Legal Officer
Issuer ticker: N/A
Reported as of: 31 Mar 2023
Net transaction value: -$258,000
SEC form: 4
Accepted by SEC: 31 Mar 2023, 14:57:33 UTC
Prior SEC filing: 21 Jul 2022
Next SEC filing: 05 Jun 2025
Source filing: View source filing
Reporting owner signature: /s/ Brandt Hastings, as attorney-in-fact

Key filing fact

Michelle Kley filed Form 4 for Volta Inc. on 31 Mar 2023.

Key facts

This page summarizes Michelle Kley's Form 4 filing for Volta Inc..
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 31 Mar 2023, 14:57.

Change

Previous filing in this sequence was filed on 21 Jul 2022.
Current net transaction value: -$258,000.

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: $258,000
Shares: -300,000
Change %: -100%
Price: $0.8600
Shares after: 0
Date: 31 Mar 2023
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

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

Explanation of responses 1 footnote

Footnote F1

Represents 300,000 shares of Class A Common Stock ("Shares") underlying a restricted stock unit award, 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 became effective on March 31, 2023.

SEC remarks

Exhibit 24.1 - Power of Attorney