Puri Sumeet 4
4 · Eos Energy Enterprises, Inc. · Filed Sep 9, 2024
Insider Transaction Report
Form 4
Puri Sumeet
Chief Accounting Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-09-05−68,333→ 136,667 total→ Common Stock (68,333 underlying) - Tax Payment
Common Stock
2024-09-05$2.33/sh−18,786$43,771→ 49,547 total - Exercise/Conversion
Common Stock
2024-09-05+68,333→ 68,333 total
Footnotes (4)
- [F1]Represents shares withheld from vested restricted stock unit ("RSU") award to satisfy tax obligations, as permitted by the Company's Amended and Restated 2020 Incentive Plan.
- [F2]The reporting person received a grant of RSUs under the Issuer's 2020 Incentive Plan, as amended from time to time, which will vest in three equal installments on each of the first three anniversaries of the grant date, or if earlier, upon a Change in Control (as defined in the 2020 Incentive Plan), subject to continued service through each vesting date.
- [F3]Each RSU represents a contingent right to receive one share of common stock.
- [F4]Not applicable.