GROSS WILLIAM 4
4 · Heliogen, Inc. · Filed Jun 16, 2023
Insider Transaction Report
Form 4
Heliogen, Inc.HLGN
GROSS WILLIAM
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2023-06-15$0.18/sh+1,763,000$317,340→ 4,435,612 total - Exercise/Conversion
Employee Stock Option (right to buy)
2023-06-15−1,763,000→ 858,465 totalExercise: $0.18Exp: 2023-07-05→ Common Stock (1,763,000 underlying)
Holdings
- 15,480,443(indirect: See footnote)
Common Stock
- 414,363(indirect: See footnote)
Common Stock
- 16,175(indirect: See footnote)
Common Stock
Footnotes (5)
- [F1]These shares are held by The Gross Goodstein Living Trust (the "Trust") of which Mr. Gross is a co-trustee. Mr. Gross may be deemed to beneficially own these shares. Mr. Gross disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- [F2]These shares are held by Idealab Studio, LLC ("Idealab Studio"), for which Mr. Gross serves as chairman and chief executive officer. The Trust owns a majority of the class of securities of Idealab Studio entitled to elect two managers to Idealab Studio's board of managers. Mr. Gross may be deemed to beneficially own these shares. Mr. Gross disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- [F3]These shares are held by Idealab Holdings, LLC ("Idealab Holdings"), which is a wholly owned subsidiary of Idealab, a California corporation ("Idealab"). Idealab is managed by a board of directors (the "Idealab Board") including Mr. Gross. Mr. Gross may be deemed to beneficially own these shares. Mr. Gross disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- [F4]The options vested and became exercisable in equal monthly installments commencing December 21, 2020, subject to Mr. Gross's continuous service which ceased effective February 5, 2023.
- [F5]The options were exercisable through the indicated expiration date pursuant to an extension granted by the Issuer. The original expiration date was approximately 10 years from the initial vesting date of options with the same exercise price.