Filing Details
- Accession Number:
- 0001104659-24-119849
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-11-15 21:44:49
- Reporting Period:
- 2024-11-13
- Accepted Time:
- 2024-11-15 21:44:49
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1821159 | Evgo Inc. | EVGO | Services-Automotive Repair, Services & Parking (7500) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1929283 | Badar Khan | C/O Evgo Inc. 11835 W. Olympic Blvd. Suite 900E Los Angeles CA 90064 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2024-11-13 | 234,741 | $0.00 | 409,971 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2024-11-13 | 27,268 | $0.00 | 437,239 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2024-11-13 | 78,247 | $0.00 | 515,486 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2024-11-14 | 115,023 | $5.14 | 400,463 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2024-11-14 | 13,361 | $5.14 | 387,102 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2024-11-14 | 38,341 | $5.14 | 348,761 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Restricted Stock Units | Disposition | 2024-11-13 | 234,741 | $0.00 | 234,741 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2024-11-13 | 27,268 | $0.00 | 27,268 | $0.00 |
| Class A Common Stock | Performance Based Restricted Stock Units | Disposition | 2024-11-13 | 78,247 | $0.00 | 78,247 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 469,484 | No | 4 | M | Direct | ||
| 54,538 | No | 4 | M | Direct | ||
| 625,978 | No | 4 | M | Direct |
Footnotes
- Restricted stock units ("RSUs") awarded under the Issuer's 2021 Long Term Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Class A common stock, $0.0001 par value ("Common Stock").
- The RSUs will vest in three equal installments on each of the first three anniversaries of November 13, 2023, subject to the Reporting Person's continued employment through the applicable vesting date.
- Performance-based restricted stock units ("PRSUs") awarded under the Issuer's 2021 Long Term Incentive Plan. Each PRSU represents the contingent right to receive, upon vesting of the PRSU, one share of Common Stock. The PRSUs generally vest in three equal installments on the first three anniversaries of November 13, 2023, provided that the applicable performance goal has been achieved by such date and the Reporting Person's continued employment through the applicable vesting date (and, if not, on the date the applicable performance goal is subsequently achieved), and subject to the continuous service of the Reporting Person through the applicable vesting date. The applicable performance goal for each tranche of PRSUs will be satisfied if the Common Stock achieves a specified per share price for such tranche calculated based on a 20-day volume weighted average price at any time prior to November 13, 2028.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.985 to $5.315, inclusive, pursuant to the Reporting Person's 10b5-1 trading plan adopted on June 10, 2024, which plan also gives effect to the Issuer's mandatory sell to cover policy requiring sales in an amount sufficient to cover tax withholding obligations associated with the vesting events. 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 in the transactions described in this footnote 4.
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