SEC Form 4 · accession 0001213900-19-003666
Hyliion Holdings Corp. · HYLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Mar 4, 2019
Accepted (ET)
Mar 6, 2019 · 4:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001759631
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Placement WarrantsF2,F1 | $11.50 | Mar 4, 2019 | P | 6,660,183 | A | — | — | Class A Common Stock | 6,660,183 | 6,660,183 | I |
Explanation of responses
- F1The warrants will become exercisable on the later of (i) 30 days after the completion of the Issuer's initial business combination, and (ii) 12 months from the closing of the Issuer's initial public offering, and will expire upon the earlier of (a) five years after the completion of the Issuer's initial business combination, or (b) upon the liquidation of the Issuer.
- F2Tortoise Borrower LLC is the record holder of the warrants. Tortoise Parent Holdco LLC is the sole member of Tortoise Borrower LLC, and Tortoise Investments, LLC is the sole member of Tortoise Parent Holdco LLC. Accordingly, Tortoise Investments, LLC may be deemed to have or share beneficial ownership of the warrants held directly by Tortoise Borrower LLC. The address of Tortoise Investments, LLC is 11550 Ash Street, Suite 300, Leawood, Kansas 66211.