0001209191-21-041203.txt : 20210616
0001209191-21-041203.hdr.sgml : 20210616
20210616210058
ACCESSION NUMBER: 0001209191-21-041203
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210614
FILED AS OF DATE: 20210616
DATE AS OF CHANGE: 20210616
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Covington JoAnn
CENTRAL INDEX KEY: 0001600740
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39546
FILM NUMBER: 211023131
MAIL ADDRESS:
STREET 1: PROTERRA INC
STREET 2: 1815 ROLLINS ROAD
CITY: BURLINGAME
STATE: CA
ZIP: 94010
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ArcLight Clean Transition Corp.
CENTRAL INDEX KEY: 0001820630
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711]
IRS NUMBER: 000000000
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: C/O ARCLIGHT CAPITAL PARTNERS, LLC
STREET 2: 200 CLARENDON STREET, 55TH FLOOR
CITY: BOSTON
STATE: MA
ZIP: 02116
BUSINESS PHONE: 281-403-6304
MAIL ADDRESS:
STREET 1: C/O ARCLIGHT CAPITAL PARTNERS, LLC
STREET 2: 200 CLARENDON STREET, 55TH FLOOR
CITY: BOSTON
STATE: MA
ZIP: 02116
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-06-14
0
0001820630
ArcLight Clean Transition Corp.
PTRA
0001600740
Covington JoAnn
C/O PROTERRA INC
1815 ROLLINS ROAD
BURLINGAME
CA
94010
0
1
0
0
Chief Legal Officer, Secy
Stock Option (Right to Buy)
2.18
2021-06-14
4
A
0
446249
A
2027-05-29
Common Stock
446249
446249
D
Stock Option (Right to Buy)
5.41
2021-06-14
4
A
0
66937
A
2028-11-15
Common Stock
66937
66937
D
Stock Option (Right to Buy)
5.41
2021-06-14
4
A
0
44625
A
2028-12-28
Common Stock
44625
44625
D
Stock Option (Right to Buy)
6.00
2021-06-14
4
A
0
22312
A
2029-11-19
Common Stock
22312
22312
D
Stock Option (Right to Buy)
6.00
2021-06-14
4
A
0
22312
A
2029-12-12
Common Stock
22312
22312
D
Stock Option (Right to Buy)
4.62
2021-06-14
4
A
0
66937
A
2030-08-19
Common Stock
66937
66937
D
Stock Option (Right to Buy)
4.62
2021-06-14
4
A
0
178499
A
2030-08-19
Common Stock
178499
178499
D
Stock Option (Right to Buy)
4.78
2021-06-14
4
A
0
26775
A
2030-12-20
Common Stock
26775
26775
D
This option is fully vested.
Pursuant to the business combination of ArcLight Clean Transition Corp. and Proterra Inc ("Old Proterra"), each share of Old Proterra outstanding common stock was automatically converted into the right to shares of the Issuers Common Stock based on a 1 to 0.8925 conversion ratio ("Conversion Ratio"). In addition, each outstanding Old Proterra equity award was automatically converted into a corresponding equity award of the Issuer based on the Conversion Ratio and with the same terms and vesting conditions as the Old Proterra equity awards.
6.25% of the total shares underlying the option vest quarterly installments until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
/s/ Joshua Damm, Attorney-in-Fact
2021-06-16