CORTEGOSO PABLO 4
4 · Stardust Power Inc. · Filed Sep 20, 2024
Insider Transaction Report
Form 4
CORTEGOSO PABLO
Chief Technical Officer
Transactions
- Award
Performance Stock Unit
2024-09-18+82,469→ 82,469 total→ Common Stock (82,469 underlying) - Award
Common Stock
2024-09-18+82,469→ 4,684,708 total
Footnotes (2)
- [F1]The reported securities represent restricted stock units ("RSUs") approved and granted by the Issuer's Board on 9/16/24, subject to the effectiveness of the Issuer's registration statement on Form S-8 that was filed with the SEC on 9/18/24. The reported RSUs vest quarterly over three years following the date of grant, subject to the reporting person's continued employment.
- [F2]Each performance stock unit ("PSU") represents a contingent right to receive one share of Common Stock upon the reporting person's continued employment until the third anniversary of the date of grant, subject to the SDST Common Stock achieving a $12.00 volume weighted average price for a period of 20 trading days during any 30 trading day period during the three year vesting period.