Olga Shevorenkova - Apr 3, 2023 Form 4 Insider Report for EVgo Inc. (EVGO)

Role
Chief Financial Officer
Signature
/s/Olga Shevorenkova by Chris Nenno, as Attorney-in-Fact
Stock symbol
EVGO
Transactions as of
Apr 3, 2023
Transactions value $
$0
Form type
4
Date filed
4/5/2023, 09:38 PM
Previous filing
Aug 16, 2022
Next filing
Jun 2, 2023

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 Award $0 +177K +81.76% $0.00 394K Apr 3, 2023 Common Stock 177K Direct F1, F2
transaction EVGO Employee Stock Options Award $0 +140K $0.00 140K Apr 3, 2023 Common Stock 140K $7.79 Direct 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 ("Common Stock").
F2 The RSUs vest in three equal annual instalments on each of the first three anniversaries of February 1, 2023, subject to the Reporting Person's continued employment through each such vesting date.
F3 The Options vest and become exercisable in three equal annual instalments on each of the first three anniversaries of February 1, 2023, subject to the Reporting Person's continued employment through each such vesting date.

Remarks:

Exhibit 24 - Power of Attorney