HEFFINGER BRANDON 4
4 · NET Power Inc. · Filed Aug 11, 2023
Insider Transaction Report
Form 4
NET Power Inc.NPWR
HEFFINGER BRANDON
Chief Commercial Officer
Transactions
- Other
Class B Common Stock
2023-08-09−150,000→ 364,559 total - Conversion
Class A Units of NET Power Operations LLC
2023-08-09−150,000→ 364,559 total→ Class A Common Stock (150,000 underlying) - Conversion
Class A Common Stock
2023-08-09+150,000→ 150,000 total
Footnotes (1)
- [F1]On August 9, 2023, 150,000 Class A Units of NET Power Operations LLC (a subsidiary of the issuer) held by the reporting person were redeemed in exchange for an equal number of shares of the issuer's Class A Common Stock pursuant to a redemption notice from the reporting person dated August 3, 2023, and upon such redemption, 150,000 shares of the issuer's Class B Common Stock held by the reporting person were surrendered to the issuer and canceled.