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