Greg Standley - 18 Jun 2023 Form 4 Insider Report for Hyliion Holdings Corp. (HYLN)

Signature
/s/ Greg Standley
Issuer symbol
HYLN
Transactions as of
18 Jun 2023
Transactions value $
-$815
Form type
4
Filing time
14 Feb 2024, 21:26:45 UTC
Previous filing
28 Mar 2023
Next filing
28 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYLN Common Stock Award $0 +46,875 +64% $0 120,189 12 Feb 2024 Direct F1
transaction HYLN Common Stock Tax liability -$815 -443 -0.37% $1.84 119,746 18 Jun 2023 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 HYLN Common Stock Award $0 +46,875 $0 46,875 12 Feb 2024 Stock Option (Right to Buy) 46,875 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received a grant of restricted stock units ("RSU Award") pursuant to the Issuer's 2020 Equity Incentive Plan. One-third (1/3) of the RSU Award will vest on February 12, 2025 and the remaining two-thirds (2/3) of the RSU Award will vest quarterly in equal amounts over a two-year period thereafter.
F2 Shares withheld for the payment of a tax liability related to the vesting and distribution of restricted stock unit awards.
F3 Performance Stock Incentive Units.
F4 The Reporting Person received a grant of performance stock incentive units ("PSU Award") pursuant to the Issuer's 2020 Equity Incentive Plan. The awards vest between February 12, 2025 and February 12, 2027 contingent upon achieving underlying closing stock price thresholds ranging from $2.00 to $3.00 per share over a 30-trading-day average.
F5 Common Stock.