Luis Igancio Solorzano Aizpuru - Jun 11, 2021 Form 4 Insider Report for CarLotz, Inc. (LOTZ)

Role: Director
Signature: /s/ Rebecca C. Polak as attorney-in-fact for Mr. Solorzano Rebecca C. Polak
Stock symbol: LOTZ
Transactions as of: Jun 11, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/15/2021, 06:18 AM
Next filing: Jun 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LOTZ	Class A Common Stock	Award	$0	+5.28K	+9.49%	$0.00	60.9K	Jun 11, 2021	See Footnote	F2
holding	LOTZ	Class A Common Stock						7.27M	Jun 11, 2021	See Footnote	F1, 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	LOTZ	Restricted Stock Units	Award	$0	+24.8K		$0.00	24.8K	Jun 11, 2021	Class A Common Stock	24.8K		Direct	F3, F4
holding	LOTZ	Private Placement Warrants						1.27M	Jun 11, 2021	Class A Common Stock	1.27M	$11.50	See Footnote	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents securities held by Acamar Partners Sponsor I LLC ("Acamar Sponsor"). Mr. Solorzano is a managing member of Acamar Sponsor and shares the voting and dispositive power of the securities held by the Sponsor. Accordingly, Mr. Solorzano may be deemed to have or share beneficial ownership of such securities. Mr. Solorzano disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F2	Mr. Solorzano previously reported beneficial ownership of 7,889,544 shares of Class A Common Stock held by Acamar Sponsor. Mr. Solorzano previously reported beneficial ownership of 6,074,310 Private Placement Warrants held by Acamar Sponsor.
F3	Each Restricted Stock Unit represents a contingent right to receive one share of Class A Common Stock.
F4	These Restricted Stock Units vest on the earlier of (i) the day immediately preceding the date of the first annual meeting of stockholders following the date of grant and (ii) the first anniversary of the date of grant.