0000947871-23-000410.txt : 20230331 0000947871-23-000410.hdr.sgml : 20230331 20230331152927 ACCESSION NUMBER: 0000947871-23-000410 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230331 FILED AS OF DATE: 20230331 DATE AS OF CHANGE: 20230331 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Tough John J. CENTRAL INDEX KEY: 0001879633 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39508 FILM NUMBER: 23787084 MAIL ADDRESS: STREET 1: C/O VOLTA INDUSTRIES, INC. STREET 2: 155 DE HARO STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94103 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Volta Inc. CENTRAL INDEX KEY: 0001819584 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS TRANSPORTATION EQUIPMENT [3790] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 155 DE HARO STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94103 BUSINESS PHONE: (415) 583-3805 MAIL ADDRESS: STREET 1: 155 DE HARO STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94103 FORMER COMPANY: FORMER CONFORMED NAME: Tortoise Acquisition Corp. II DATE OF NAME CHANGE: 20200729 4 1 ownership.xml X0407 4 2023-03-31 1 0001819584 Volta Inc. VLTA 0001879633 Tough John J. 155 DE HARO STREET SAN FRANCISCO CA 94103 1 0 0 0 0 Class A Common Stock 2023-03-31 4 D 0 116130 0.86 D 0 D Class A Common Stock 2023-03-31 4 D 0 1644107 0.86 D 0 I By Energize Growth I P Class A Common Stock 2023-03-31 4 D 0 8414566 0.86 D 0 I By Energize Ventures Fund LP Represents shares of Class A Common Stock ("Shares"), which were cancelled in exchange for the cash merger consideration equal to $0.86 per Share ("Merger Consideration") pursuant to that certain Agreement and Plan of Merger between issuer, Shell USA, Inc., and SEV Subsidiary, Inc., dated January 17, 2023 (the "Merger Agreement") and includes 108,155 Shares underlying restricted stock unit awards. The merger became effective on March 31, 2023 (the "Effective Time"). The Reporting Person is Managing Partner of Energize Ventures LLC, the investment manager of the record holder of the Shares. The Reporting Person may be deemed to be the beneficial owner of such Shares but disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, if any. The Shares were cancelled in exchange for the Merger Consideration pursuant to the Merger Agreement upon the Effective Time. Exhibit 24.1 - Power of Attorney /s/ Brandt Hastings, as attorney-in-fact 2023-03-31 EX-24 2 ss1926416_ex24.htm POWER OF ATTORNEY

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS that the undersigned hereby constitutes and appoints Brandt Hastings to be his or her true and lawful attorney-in-fact and agent to execute and file for and on behalf of the undersigned (i) any reports on Forms 3, 4, 5 and, if applicable, 144 (including any amendments thereto and any successors to such Forms) with respect to ownership of securities of Volta Inc. (the "Company") that the undersigned may be required to file with the Securities and Exchange Commission in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder and/or Rule 144 under the Securities Act of 1933, and (ii) as necessary, any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to file such reports electronically.

The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934 and/or Rule 144 under the Securities Act of 1933.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, 5 and, if applicable, 144 with respect to the undersigned's holdings and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorney-in-fact. This Power of Attorney also serves to revoke and replace as of the date hereof, any prior Power of Attorney executed by the undersigned with respect to the ownership of securities of the Company.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 29th day of March, 2023.

 

/s/ John Tough
Name: John Tough