Dresselhuys Eric P. 4
4 · ESS Tech, Inc. · Filed Sep 6, 2023
Insider Transaction Report
Form 4
Dresselhuys Eric P.
DirectorChief Executive Officer
Transactions
- Award
Employee Stock Option (right to buy)
2023-09-05+192,926→ 192,926 totalExercise: $1.60From: 2024-09-05Exp: 2033-09-05→ Common Stock (192,926 underlying) - Award
Common Stock
2023-09-05+128,617→ 2,095,468 total
Footnotes (3)
- [F1]The reported shares are represented by restricted stock units, or RSUs, which vest as to 1/3 of the RSUs on November 20, 2024 and 1/3 of the RSUs vest annually thereafter subject to the Reporting Person remaining as a Service Provider to the issuer as of each 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.