Form 4 for HYLN Hyliion Holdings Corp.
Accepted 2021-08-02 00:00:00 ET · period of report 2021-07-29 · accession 0001252983-21-000002 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-08-02 | 2021-07-29 | HYLN | OLKKOLA EDWARD E | Dir | M - OptEx | $0.09 | +100.0K | 931.6K | +12% | +$9,000 |
| D | 2021-08-02 | 2021-07-29 | HYLN | OLKKOLA EDWARD E | Dir | M - OptEx | — | 0 | 792.9K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-07-29 | M | A | 100,000 | $0.09 | 931,610 | D | — | — | |
| 2 | Derivative | Stock Option (Right to Buy) | 2021-07-29 | M | D | — | — | 792,901 | D | $0.09 · — to 2026-08-28 | 100,000 Common Stock | (F2) The option was received in exchange for an option to purchase 750,000 shares of Hyliion Inc. ("Legacy Hyliion") common stock pursuant to the Business Combination Agreement and Plan of Reorganization, dated as of June 18, 2020, by and among Tortoise Acquisition Corp. ("Tortoise"), Legacy Hyliion and SHLL Merger Sub Inc., a wholly-owned subsidiary of Tortoise ("Merger Sub"), pursuant to which Merger Sub merged with and into Legacy Hyliion, with Legacy Hyliion surviving the merger as a wholly-owned subsidiary of Tortoise (which subsequently changed its name to "Hyliion Holdings Corp."). (F1) The option became exercisable in equal quarterly installments over 4 years beginning on August 29, 2016. |