Dennis Kish - Jan 31, 2025 Form 4 Insider Report for EVgo Inc. (EVGO)

Role
President
Signature
/s/ Dennis Kish, by Francine Sullivan, as Attorney-in-Fact
Stock symbol
EVGO
Transactions as of
Jan 31, 2025
Transactions value $
-$150,557
Form type
4
Date filed
2/4/2025, 09:11 PM
Previous filing
Feb 4, 2025
Next filing
Mar 18, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVGO Class A Common Stock Options Exercise +26.8K +43.77% 88.1K Jan 31, 2025 Direct F1
transaction EVGO Class A Common Stock Options Exercise +52.1K +59.13% 140K Jan 31, 2025 Direct F1
transaction EVGO Class A Common Stock Sale -$151K -44.2K -31.52% $3.41 96K Feb 3, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EVGO Restricted Stock Units Options Exercise $0 -26.8K -100% $0.00 0 Jan 31, 2025 Class A Common Stock 26.8K Direct F1, F3
transaction EVGO Restricted Stock Units Options Exercise $0 -52.1K -50% $0.00 52.1K Jan 31, 2025 Class A Common Stock 52.1K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 ("Class A Common Stock").
F2 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.365 to $3.47, inclusive, pursuant to the Reporting Person's 10b5-1 trading plan adopted on March 22, 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 2.
F3 The RSUs vest in three equal annual installments on each of the first three anniversaries of February 1, 2022, subject to the Reporting Person's continued employment through each vesting date.
F4 The RSUs vest in three equal annual installments on each of the first three anniversaries of February 1, 2023, subject to the Reporting Person's continued employment through each vesting date.