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Aeva Technologies, Inc. — Director's Dealing 2024
Mar 30, 2024
32361_dirs_2024-03-29_5100b82e-41af-4ba6-a731-76cc60280e01.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Aeva Technologies, Inc. (AEVA)
CIK: 0001789029
Period of Report: 2024-03-29
Reporting Person: Sinha Saurabh (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-29 | Common Stock | M | 21604 | — | Acquired | 313988 | Direct |
| 2024-03-29 | Common Stock | F | 11397 | $3.93 | Disposed | 302591 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-29 | Restricted Stock Units | $ | M | 21604 | Disposed | Common Stock (21604) | Direct |
Footnotes
F1: All amounts of securities reported in this Form 4 reflect a 1-for-5 reverse stock split (the "Reverse Stock Split") that became effective March 18, 2024, including the Reporting Person's receipt of cash in lieu fractional shares.
F2: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F3: Represents the number of shares of Common Stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement upon vesting of the restricted stock units and does not represent an open market sale.
F4: The restricted stock units vest as to 25% of 864,155 of the underlying shares on September 29, 2021 (as adjusted for the Reverse Stock Split), and the remaining 75% of such underlying shares will vest in six equal semi-annual installments thereafter.
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.