0001213900-21-029959.txt : 20210528
0001213900-21-029959.hdr.sgml : 20210528
20210528163341
ACCESSION NUMBER: 0001213900-21-029959
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210526
FILED AS OF DATE: 20210528
DATE AS OF CHANGE: 20210528
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: 21980861
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
ownership.xml
X0306
4
2021-05-26
0
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
2021-05-26
4
A
0
11013
0
A
13218
D
Common Stock
5500000
I
By Pivotal Investment Holdings II LLC
Stock Option (right to buy)
6.81
2021-05-26
4
A
0
17815
0
A
2031-05-26
Common Stock
17815
17815
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 May 26, 2021.
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 May 26, 2021, subject to the reporting person's continued service through the applicable vesting date.
/s/ Jonathan Ledecky
2021-05-28