RAMESH MURTHY - 02 Jul 2024 Form 4 Insider Report for Canoo Inc. (GOEVQ)

Signature
Ramesh Murthy, by /s/ Hector Ruiz, Attorney-in-Fact
Issuer symbol
GOEVQ
Transactions as of
02 Jul 2024
Net transactions value
-$25,509
Form type
4
Filing time
05 Jul 2024, 16:05:04 UTC
Previous filing
25 Jan 2024
Next filing
19 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GOEV Common Stock Award $0 +180,000 +1452% $0.000000 192,395 02 Jul 2024 Direct F1, F2, F3
transaction GOEV Common Stock Sale $25,509 -10,948 -5.7% $2.33 181,447 03 Jul 2024 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units (RSUs). Each RSU represents a right to receive one share of the Issuer's common stock upon vesting. The RSU's will vest as follows: 1/4th of the RSU shall vest upon grant and an additional 1/16th of the RSUs shall vest each quarter thereafter beginning on September 15, 2024, subject to the Reporting Person remaining in continuous service through each such date.
F2 Includes additional 260 shares acquired pursuant to the Canoo Inc. 2020 Employee Stock Purchase Plan and correction for and adjustment to correct de minimis error on previously filed Form 4.
F3 On March 8, 2024, the Issuer effected a 1-for-23 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
F4 Mandatory sale to cover applicable tax withholding obligations realized upon vesting of Restricted Stock Units.