Quarls Harry 4
4 · ESS Tech, Inc. · Filed Aug 30, 2023
Insider Transaction Report
Form 4
Quarls Harry
Director
Transactions
- Award
Common Stock
2023-08-28+123,456→ 123,456 total - Award
Stock Option (right to buy)
2023-08-28+185,184→ 185,184 totalExercise: $1.43From: 2024-08-28Exp: 2034-08-27→ Common Stock (185,184 underlying)
Footnotes (3)
- [F1]The reported shares are represented by restricted stock units, or RSUs, which vest as to 1/3 of the RSUs on the one year anniversary of the date of grant and 1/3 of the RSUs shall vest annually thereafter, provided that the Reporting Person remains a Service Provider to the issuer on each such vest date.
- [F2]A portion of these securities are Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
- [F3]1/3 of the shares subject to the option shall vest on the one year anniversary of the date of grant and 1/3 of the shares subject to the option shall vest annually thereafter, provided that the Reporting Person remains as a Service Provider to the issuer as of each vest date.