ALEXANDER LAURENCE 4
4 · Energy Vault Holdings, Inc. · Filed Mar 29, 2023
Insider Transaction Report
Form 4
ALEXANDER LAURENCE
Chief Marketing Officer
Transactions
- Exercise/Conversion
Common Stock
2023-03-27+168,750→ 1,075,208 total - Exercise/Conversion
Restricted Stock Unit
2023-03-27−168,750→ 0 total→ Common Stock (168,750 underlying) - Tax Payment
Common Stock
2023-03-27$3.34/sh−79,312$264,902→ 995,896 total
Footnotes (2)
- [F1]The Reporting Person has reported prior awards of restricted stock units in Table II of Form 4. As of the date of this filing, the total reported in Column 5 includes an aggregate of 906,458 restricted stock units ("RSUs") previously reported in Table II.
- [F2]The Reporting Person was granted RSUs, which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a four year period. 25% of the RSUs will vest on February 28, 2023 and 6.25% of the RSUs shall vest each quarter thereafter, subject to the Reporting Person's continuous service with the Issuer.