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SPRUCE POWER HOLDING CORP Director's Dealing 2021

May 28, 2021

34841_dirs_2021-05-28_267f7125-45fc-4061-814f-6322dc67f00a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XL Fleet Corp. (XL)
CIK: 0001772720
Period of Report: 2021-05-26

Reporting Person: Flanagan Declan (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-05-26 Common Stock A 11013 $0.00 Acquired 21158 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-05-26 Stock Option (right to buy) $6.81 A 17815 Acquired 2031-05-26 Common Stock (17815) Direct

Footnotes

F1: The securities awarded are in the form of restricted stock units issued pursuant to the issuer's 2020 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of issuer common stock. Subject to the reporting person's continued service through the vesting date, the restricted stock units shall become fully vested on the first anniversary of May 26, 2021.

F2: The shares underlying this option shall become fully vested on the first anniversary of May 26, 2021, subject to the reporting person's continued service through the vesting date.