Home/Filings/4/0001654954-25-000063
4//SEC Filing

DAVIS RICHARD H 4

Accession 0001654954-25-000063

CIK 0000933972other

Filed

Jan 1, 7:00 PM ET

Accepted

Jan 2, 7:30 PM ET

Size

9.9 KB

Accession

0001654954-25-000063

Insider Transaction Report

Form 4
Period: 2024-12-30
Transactions
  • Exercise/Conversion

    Common Stock

    2024-12-30$0.12/sh+1,000,000$120,0001,322,898 total
  • Exercise/Conversion

    Stock options (right to buy)

    2024-12-301,000,0002,700,000 total
    Exercise: $0.12From: 2018-05-30Exp: 2026-06-30Common Stock (1,000,000 underlying)
  • Tax Payment

    Common Stock

    2024-12-30$0.67/sh179,105$120,0001,143,793 total
Holdings
  • Common Stock

    (indirect: By Darby Shore Management Inc)
    10,000
  • Common Stock

    (indirect: By Spouse)
    160,533
Footnotes (2)
  • [F1]Represents a fully vested stock option, which was exercised in connection with tax planning purposes and for which the exercise price was paid through the withholding of exercised shares. The Reporting Person intends to hold the shares until at least May 2025 pursuant to a lock-up agreement and the Issuer's insider trading policy.
  • [F2]The Reporting Person is an officer, director and 25% shareholder of Darby Shore Management, Inc., a Florida corporation ("Darby"), and may be deemed to have voting and investment power over the shares held by Darby.

Issuer

374Water Inc.

CIK 0000933972

Entity typeother

Related Parties

1
  • filerCIK 0001429114

Filing Metadata

Form type
4
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 7:30 PM ET
Size
9.9 KB