0001094891-21-000137.txt : 20210302 0001094891-21-000137.hdr.sgml : 20210302 20210302161845 ACCESSION NUMBER: 0001094891-21-000137 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210226 FILED AS OF DATE: 20210302 DATE AS OF CHANGE: 20210302 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LEDECKY JONATHAN J CENTRAL INDEX KEY: 0001008382 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38971 FILM NUMBER: 21703858 MAIL ADDRESS: STREET 1: C/O THE LEDECKY FOUNDATION STREET 2: 901 - 15TH STREET, NW, SUITE 950 CITY: WASHINGTON STATE: DC ZIP: 20005 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: XL Fleet Corp. CENTRAL INDEX KEY: 0001772720 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 834109918 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 145 NEWTON STREET CITY: BOSTON STATE: MA ZIP: 02135 BUSINESS PHONE: 6177180329 MAIL ADDRESS: STREET 1: 145 NEWTON STREET CITY: BOSTON STATE: MA ZIP: 02135 FORMER COMPANY: FORMER CONFORMED NAME: Pivotal Investment Corp II DATE OF NAME CHANGE: 20190403 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2021-02-26 0001772720 XL Fleet Corp. XL 0001008382 LEDECKY JONATHAN J C/O XL FLEET CORP. 145 NEWTON STREET BOSTON MA 02135 1 0 0 0 Common Stock 2021-02-26 4 A 0 2205 0 A 2205 D Common Stock 5500000 I By Pivotal Investment Holdings II LLC Stock Option (right to buy) 14.17 2021-02-26 4 A 0 3567 0 A 2031-02-26 Common Stock 3567 3567 D The securities awarded are in the form of restricted stock units issued pursuant to the Issuer's 2020 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. Subject to the reporting person's continued service through the applicable vesting date, the restricted stock units shall become fully vested on the first anniversary of December 21, 2020. Includes 5,500,000 shares ("Sponsor Shares") owned directly by Pivotal Investment Holdings II LLC, a Delaware limited liability company and the sponsor of the Issuer (the "Sponsor"), of which Ironbound Partners Fund, LLC, an affiliate of Mr. Ledecky, is a managing member. Notwithstanding their dispositive and voting control over such Sponsor Shares, each of Mr. Ledecky and Ironbound Partners Fund, LLC disclaim beneficial ownership of the securities held by the Sponsor, except to the extent of his or its pecuniary interest therein. The shares underlying this option shall become fully vested on the first anniversary of December 21, 2020, subject to the reporting person's continued service through the applicable vesting date. /s/ Jonathan Ledecky 2021-03-02