Kurada Sagar 4
4 · Eos Energy Enterprises, Inc. · Filed Jan 5, 2022
Insider Transaction Report
Form 4
Kurada Sagar
Chief Financial officer
Transactions
- Exercise/Conversion
Common Stock
2022-01-03+25,000→ 75,239 total - Exercise/Conversion
Restricted Stock Units
2022-01-03−25,000→ 0 totalExercise: $0.00From: 2022-01-03→ Common Stock (25,000 underlying) - Tax Payment
Common Stock
2022-01-03$7.60/sh−8,300$63,080→ 66,939 total
Footnotes (3)
- [F1]RSUs convert without cost to shares of common stock on a one-for-one basis.
- [F2]The reporting person received a grant of RSUs under the Issuer's 2020 Incentive Plan, as amended from time to time, which was originally scheduled to vest as follows: 25,000 RSUs vesting on January 3, 2022, 75,000 RSUs to vest on January 2, 2023, and 100,000 RSUs to vest on January 1, 2024, subject to continued service through each vesting date. As previously reported, the vesting of 75,000 RSUs was accelerated on December 20, 2021 and the remaining 100,000 RSUs are forfeited, in each case per the Separation agreement signed between the reporting person and the Issuer.
- [F3]Not applicable