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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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FORM 8-K
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CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 22, 2022

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EVgo Inc.

(Exact name of registrant as specified in its charter)

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Delaware

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001-39572

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85-2326098

(State or other jurisdiction of
incorporation or organization)

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(Commission File Number)

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(I.R.S. Employer
Identification Number)

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11835 West Olympic Boulevard, Suite 900E
Los Angeles, California

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90064

(Address of principal executive offices)

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(Zip Code)

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Registrant’s telephone number, including area code: (877) 494-3833

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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Title of each class

Trading
Symbol(s)

Name of each exchange
on which registered

Shares of Class A common stock, $0.0001 par value

EVGO

Nasdaq Global Select Market

Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50

EVGOW

Nasdaq Global Select Market

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 22, 2022, EVgo Inc. (the “Company”) made the following cash non-equity incentive compensation payments for the 2021 fiscal year to each of its named executive officers:  

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Named Executive Officer

2021 Cash Non-Equity Compensation

Catherine Zoi

Chief Executive Officer and Director

$388,524

Ivo Steklac

Chief Technology Officer

$169,463

Olga Shevorenkova

Chief Financial Officer

$208,909

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The Company’s board of directors (the “Board”), upon recommendation from the Compensation Committee of the Board, approved the bonuses at each officer’s previously disclosed target amount based upon attainment during 2021 of certain corporate objectives, including those related to operating performance, business development and activities related to the Company becoming a public company.

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Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit
Number

Description

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

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2

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

EVgo Inc.

 

 

 

Date: February 28, 2022

By:

/s/ Olga Shevorenkova

 

Name:

Olga Shevorenkova

 

Title:

Chief Financial Officer

 

 

(Principal Financial Officer)

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