Jonathan Levy - Aug 12, 2022 Form 4 Insider Report for EVgo Inc. (EVGO)

Role
Chief Commercial Officer
Signature
/s/ Jonathan Levy by Francine Sullivan as Attorney-in-Fact
Stock symbol
EVGO
Transactions as of
Aug 12, 2022
Transactions value $
-$300,573
Form type
4
Date filed
8/16/2022, 09:46 PM
Previous filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVGO Class A Common Stock Options Exercise +46.5K 46.5K Aug 12, 2022 Direct F1
transaction EVGO Class A Common Stock Sale -$180K -15.6K -33.62% $11.52 30.9K Aug 15, 2022 Direct F2
transaction EVGO Class A Common Stock Sale -$120K -10K -32.39% $12.04 20.9K Aug 16, 2022 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 -46.5K -33.33% $0.00 93K Aug 12, 2022 Class A Common Stock 46.5K Direct F1, F3
* 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. 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 January 31, 2021, subject to the Reporting Person's continuous employment through each such vesting date.