Huque Tahsinul Zia 4
4 · Energy Vault Holdings, Inc. · Filed Feb 15, 2022
Insider Transaction Report
Form 4
Huque Tahsinul Zia
Director
Transactions
- Award
Common Stock
2022-02-11+6,217,287→ 6,217,287 total(indirect: Held by Prime Movers Growth Fund I, LP) - Award
Common Stock
2022-02-11+1,245,077→ 1,245,077 total(indirect: Held by Energy Vault PML SPV 1 LP)
Footnotes (3)
- [F1]In connection with the merger described in that certain Business Combination Agreement and Plan of Reorganization, dated as of September 8, 2021, by and among Novus Capital Corporation II, now known as Energy Vault Holdings, Inc. ("Energy Vault Holdings") (the "Issuer"), NCCII Merger Corp. ("Merger Sub"), and Energy Vault, Inc. ("Energy Vault"), pursuant to which Merger Sub merged with and into Energy Vault, with Energy Vault surviving as a wholly-owned subsidiary of the Issuer (the "Merger").
- [F2]The Reporting Person received shares of Common Stock in exchange for 183,816 shares of common stock in Energy Vault. On the effective date of the Merger, the closing price of the Issuer's Common Stock was $11.55 per share.
- [F3]The Reporting Person received shares of Common Stock in exchange for 917,884 shares of common stock in Energy Vault. On the effective date of the Merger, the closing price of the Issuer's Common Stock was $11.55 per share.