January 30, 2024 · Form 4 insider transaction
Biederman Christopher J. sold 4,477 shares of LICY at $0.46 per share, a transaction worth $2.1K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.
The transaction reported reflects automatic sell to cover transactions that do not represent a discretionary trade by the Reporting Person in order to pay the tax liability arising from the vesting and settlement of restricted stock units.; The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $0.4414 to $0.50275.; Includes 33,749 restricted stock units ("RSUs") awarded to the reporting person under the Li-Cycle Holdings Corp. 2021 Incentive Award Plan. Each RSU represents the contingent right to receive one common share of Li-Cycle Holdings Corp subject to time-vesting conditions in accordance with the underlying award and the reporting person's continued service through such vesting date.