Ian Chan - 13 Nov 2024 Form 4 Insider Report for Abpro Holdings, Inc. (ABP)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
25 Nov 2024, 21:40:56 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Nelson Mullins Riley & Scarborough LLP, Attorney-in-Fact

Key filing fact

Ian Chan filed Form 4 for Abpro Holdings, Inc. (ABP) on 25 Nov 2024.

Key facts

  • This page summarizes Ian Chan's Form 4 filing for Abpro Holdings, Inc. (ABP).
  • 7 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 25 Nov 2024, 21:40.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

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.

ABP transaction

Common Stock, par value $0.0001 per share

Award

Transaction value
$0
Shares
+6,528,200
Change %
Price
$0.000000
Shares after
6,528,200
Date
13 Nov 2024
Ownership
Direct
Footnotes
F1
ABP transaction

Common Stock, par value $0.0001 per share

Award

Transaction value
$0
Shares
+1,137,200
Change %
Price
$0.000000
Shares after
1,137,200
Date
13 Nov 2024
Ownership
By FV Dynasty Trust
Footnotes
F2
ABP transaction

Common Stock, par value $0.0001 per share

Award

Transaction value
$0
Shares
+987,400
Change %
Price
$0.000000
Shares after
987,400
Date
13 Nov 2024
Ownership
By spouse
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ABP transaction Derivative

Stock option (right to buy)

Award

Transaction value
$0
Shares
+777,100
Change %
Price
$0.000000
Shares after
777,100
Date
13 Nov 2024
Ownership
Direct
Underlying class
Common Stock, par value $0.0001 per share
Underlying amount
777,100
Exercise price
$1.67
Footnotes
F4, F5
ABP transaction Derivative

Stock option (right to buy)

Award

Transaction value
$0
Shares
+787,300
Change %
Price
$0.000000
Shares after
787,300
Date
13 Nov 2024
Ownership
Direct
Underlying class
Common Stock, par value $0.0001 per share
Underlying amount
787,300
Exercise price
$1.63
Footnotes
F4, F6
ABP transaction Derivative

Stock option (right to buy)

Award

Transaction value
$0
Shares
+787,300
Change %
Price
$0.000000
Shares after
787,300
Date
13 Nov 2024
Ownership
Direct
Underlying class
Common Stock, par value $0.0001 per share
Underlying amount
787,300
Exercise price
$1.63
Footnotes
F4, F5
ABP transaction Derivative

Stock option (right to buy)

Award

Transaction value
$0
Shares
+577,500
Change %
Price
$0.000000
Shares after
577,500
Date
13 Nov 2024
Ownership
Direct
Underlying class
Common Stock, par value $0.0001 per share
Underlying amount
577,500
Exercise price
$1.73
Footnotes
F4, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Reflects the issuance by Abpro Holdings, Inc. (f/k/a Atlantic Coastal Acquisition Corp. II) (the "Issuer") on November 13, 2024, of 6,528,200 shares of Common Stock to the reporting person pursuant to a Business Combination Agreement, dated as of December 11, 2023 (as amended by Amendment No. 1 to Business Combination Agreement, dated September 4, 2024, the "Business Combination Agreement"), among the Issuer, Abpro Merger Sub Corp, a Delaware corporation, and Abpro Corporation, a Delaware corporation ("Abpro"), relating to the business combination between the Issuer and Abpro (the "Business Combination").

Footnote F2

Reflects the issuance by the Issuer to FV Dynasty Trust, of which the reporting person is trustee, on November 13, 2024, of 1,137,200 shares of Common Stock pursuant the Business Combination Agreement. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

Footnote F3

Reflects the issuance by the Issuer to the reporting person's spouse on November 13, 2024, of 987,400 shares of Common Stock pursuant the Business Combination Agreement. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

Footnote F4

Reflects the issuance by the Issuer of rollover stock option awards in connection with the closing of the Business Combination.

Footnote F5

This stock option award is 100% vested.

Footnote F6

This stock option award was initially granted by Abpro to the reporting person on February 18, 2022. The stock option award vests as follows: twenty-five percent (25%) the shares subject to the option vested on February 18, 2022, and the remaining seventy-five percent (75%) of the total number of shares subject to the option vest in thirty-six (36) substantially equal monthly installments thereafter, subject to the reporting person's continuous service to the Issuer through such date.

Footnote F7

This stock option award was initially granted by Abpro to the reporting person on April 14, 2021. The stock option award vests as follows: twenty-five percent (25%) the shares subject to the option vested on April 14, 2022, and the remaining seventy-five percent (75%) of the total number of shares subject to the option vest in thirty-six (36) substantially equal monthly installments thereafter, subject to the reporting person's continuous service to the Issuer through such date.

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