Aeva Technologies, Inc. — Director's Dealing 2022

Sep 15, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Aeva Technologies, Inc. (AEVA)
CIK: 0001789029
Period of Report: 2022-09-12

Reporting Person: Sinha Saurabh (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-09-12	Common Stock	M	21603	—	Acquired	204794	Direct
2022-09-13	Common Stock	S	11997	$2.7508	Disposed	192797	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-09-12	Restricted Stock Units	$	M	21603	Disposed		Common Stock (21603)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

F2: Represents shares automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit award.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.7500 to $2.7662, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

F4: The restricted stock units vest as to (i) 25% of 864,155 of the underlying shares on September 29, 2021, and the remaining 75% of such underlying shares will vest in six equal semi-annual installments thereafter; and (ii) 25% of 172,827 of the underlying shares on March 12, 2022, and the remaining 75% of such underlying shares will vest in six equal semi-annual installments thereafter. The restricted stock units were granted on March 12, 2021.

F5: Pursuant to the Business Combination Agreement, dated November 2, 2020 (the "Business Combination Agreement"), by and among InterPrivate Acquisition Corp., WLLY Merger Sub Corp. and Aeva, Inc. ("Aeva"), each share of Aeva common stock issued and outstanding immediately prior to the effective time of the transactions contemplated by the Business Combination Agreement was automatically converted into the right to receive a number of shares of the Issuer's Common Stock based on a 1-to-9.07659 conversion ratio.