David Nanus - 18 Dec 2024 Form 4 Insider Report for EVgo Inc. (EVGO)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
20 Dec 2024, 16:30:12 UTC
Prior SEC filing
24 May 2023
Next SEC filing
06 Feb 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ David Nanus by Francine Sullivan, as Attorney-in-Fact

Key filing fact

David Nanus filed Form 4 for EVgo Inc. (EVGO) on 20 Dec 2024.

Key facts

  • This page summarizes David Nanus's Form 4 filing for EVgo Inc. (EVGO).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 20 Dec 2024, 16:30.

Change

  • Previous filing in this sequence was filed on 24 May 2023.
  • Current net transaction value: -$115,000,000.

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.

EVGO transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+23,000,000
Change %
+391%
Price
Shares after
28,882,352
Date
18 Dec 2024
Ownership
See footnote
Footnotes
F1, F3, F4
EVGO transaction

Class A Common Stock

Sale

Transaction value
$115,000,000
Shares
-23,000,000
Change %
-80%
Price
$5.00
Shares after
5,882,352
Date
18 Dec 2024
Ownership
See footnote
Footnotes
F1, F2, F3, F4

Reported derivative securities

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

EVGO transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-23,000,000
Change %
-12%
Price
$0.000000
Shares after
172,800,000
Date
18 Dec 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
23,000,000
Exercise price
Footnotes
F1, F3, F4
EVGO transaction Derivative

EVgo OpCo LLC Units

Conversion of derivative security

Transaction value
$0
Shares
-23,000,000
Change %
-12%
Price
$0.000000
Shares after
172,800,000
Date
18 Dec 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
23,000,000
Exercise price
Footnotes
F1, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The terms of the Amended and Restated Limited Liability Company Agreement of OpCo (as defined below) provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units, together with an equal number of shares of Class B Common Stock of the EVgo Inc. (the "Issuer") for shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed (the "Redemption Right"), subject to conversion rate and other settlement adjustments. The OpCo LLC Units, the shares of Class B Common Stock and the right to exercise the Redemption Right have no expiration date.

Footnote F2

The reported securities were sold in an underwritten public offering at the public offering price of $5.00 per share.

Footnote F3

The shares of Class B Common Stock of the Issuer and units of EVgo OpCo, LLC ("OpCo") are held directly by EVgo Holdings, LLC, a Delaware limited liability company ("EVgo Holdings"). EVgo Holdings is controlled by EVgo Member Holdings, LLC, a Delaware limited liability company ("EVgo Member"), and directly holds all reported securities except the 5,882,352 shares of Class A Common Stock of the Issuer, which are directly held by EVgo Member. The sole member of EVgo Member is LS Power Equity Partners IV, L.P., a Delaware limited partnership ("LSPEP IV"), which is managed by LS Power Equity Advisors, LLC, a Delaware limited liability company ("LSP Advisors" and together with EVgo Member and LSPEP IV, the "LS Power Entities").

Footnote F4

The reporting person, through his position, relationship and/or affiliation with the LS Power Entities, may have shared voting and investment power with respect to the shares beneficially owned by the LS Power Entities. As such, the reporting person may be deemed to have or share beneficial ownership of the shares beneficially owned by the LS Power Entities. The reporting person disclaims beneficial ownership of such shares.

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