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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 3/29/24 |
| Issuer: |
| Issuer CIK: 1789029 |
| Issuer Name: Aeva Technologies, Inc. |
| Issuer Trading Symbol: AEVA |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1849806 |
| | Owner Name: Sinha Saurabh |
| Reporting Owner Address: |
| | Owner Street 1: C/O AEVA TECHNOLOGIES, INC. |
| | Owner Street 2: 555 ELLIS STREET |
| | Owner City: MOUNTAIN VIEW |
| | Owner State: CA |
| | Owner ZIP Code: 94043 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Financial Officer |
| Aff 10b5 One? No |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/29/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 21,604 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Footnote ID: F2 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 313,988 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/29/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 11,397 |
| Footnote ID: F1 |
| Footnote ID: F3 |
| | | Transaction Price Per Share: |
| Value: 3.93 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 302,591 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Restricted Stock Units |
| | Conversion or Exercise Price: |
| | | Footnote ID: F2 |
| | Transaction Date: |
| | | Value: 3/29/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 21,604 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Footnote ID: F5 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Footnote ID: F4 |
| | Expiration Date: |
| | | Footnote ID: F4 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 21,604 |
| Footnote ID: F1 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 21,604 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: All amounts of securities reported in this Form 4 reflect a 1-for-5 reverse stock split (the "Reverse Stock Split") that became effective March 18, 2024, including the Reporting Person's receipt of cash in lieu fractional shares. |
| Footnote - F2: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. |
| Footnote - F3: Represents the number of shares of Common Stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement upon vesting of the restricted stock units and does not represent an open market sale. |
| Footnote - F4: The restricted stock units vest as to 25% of 864,155 of the underlying shares on September 29, 2021 (as adjusted for the Reverse Stock Split), and the remaining 75% of such underlying shares will vest in six equal semi-annual installments thereafter. |
| Footnote - F5: Pursuant to the Business Combination Agreement, dated November 2, 2020 (the "Business Combination Agreement"), by and among InterPrivate Acquisition Corp., WLLY Merger Sub Corp. and Aeva, Inc. ("Aeva"), each share of Aeva common stock issued and outstanding immediately prior to the effective time of the transactions contemplated by the Business Combination Agreement was automatically converted into the right to receive a number of shares of the Issuer's Common Stock based on a 1-to-9.07659 conversion ratio. |
| Owner Signature: |
| Signature Name: /s/ Saurabh Sinha |
| Signature Date: 3/29/24 |
