4//SEC Filing
van Gaalen Johannes Cornelis Maria 4
Accession 0001104659-23-003469
CIK 0001828536other
Filed
Jan 11, 7:00 PM ET
Accepted
Jan 12, 5:10 PM ET
Size
8.4 KB
Accession
0001104659-23-003469
Insider Transaction Report
Form 4
van Gaalen Jan Kees
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2023-01-10+350,000→ 350,000 total→ Common Stock (350,000 underlying) - Award
Restricted Stock Units
2023-01-10+250,000→ 250,000 total→ Common Stock (250,000 underlying)
Footnotes (3)
- [F1]The Reporting Person received Restricted Stock Units ("RSUs") that represent a contingent right to receive one share of Common Stock for each RSU upon the satisfaction of applicable vesting conditions. The RSUs do not expire.
- [F2]The RSUs vest as to 25% of the underlying shares on November 30, 2023, and as to the remaining of the underlying shares in 12 substantially similar quarterly installments thereafter.
- [F3]The RSUs will vest as to 33% of the underlying shares upon the achievement of each of the Issuer's share price achieving a daily closing trading price at or above $11.00, $13.00, and $15.00 per share for 20 trading days within any 30 trading day period during the period beginning on November 30, 2023 and ending on November 30, 2026.
Documents
Issuer
Energy Vault Holdings, Inc.
CIK 0001828536
Entity typeother
Related Parties
1- filerCIK 0001575608
Filing Metadata
- Form type
- 4
- Filed
- Jan 11, 7:00 PM ET
- Accepted
- Jan 12, 5:10 PM ET
- Size
- 8.4 KB