SEC Form 4 · accession 0001213900-19-003673
Hyliion Holdings Corp. · HYLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew J. Orekar
Director
Period of report
Mar 4, 2019
Accepted (ET)
Mar 6, 2019 · 5:03 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1 | — | Mar 4, 2019 | J | 40,000 | A | — | — | Class A Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F1The shares of Class B Common Stock are automatically convertible into shares of the Issuer's Class A Common Stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and have no expiration date. The Shares of Class B Common Stock are subject to forfeiture under certain circumstances relating to Mr. Orekar's service on the Issuer's Board of Directors.
- F2In connection with the closing of the Issuer's initial public offering and Mr. Orekar's appointment to the Issuer's Board of Directors, Tortoise Sponsor LLC transferred 40,000 shares of Class B Common Stock to Mr. Orekar.