Brown Oscar K 4/A
4/A · FREYR Battery, Inc. /DE/ · Filed Apr 24, 2024
Insider Transaction Report
Form 4/AAmended
Brown Oscar K
Chief Financial Officer
Transactions
- Award
Stock Options (right to buy)
2024-01-15+115,800→ 115,800 totalExercise: $1.55Exp: 2029-01-15→ Shares of Common Stock (115,800 underlying)
Footnotes (2)
- [F1]The original Form 4, filed on January 17, 2024, is being amended by this Form 4 to correct an administrative error that misreported the number of options granted to the reporting person on January 15, 2024. This amendment correctly reports the number of options granted to the reporting person on January 15, 2024.
- [F2]Consists of compensatory options which vest annually over three years granted on January 15, 2024 pursuant to the FREYR 2021 Equity Incentive Plan (amended and restated as of May 10, 2023). Of the shares subject to compensatory options, one-third (1/3) vest on January 15, 2025, one-third (1/3) vest on January 15, 2026, and one-third (1/3) vest on January 15, 2027. Options are typically forfeited when the employment relationship ends for employees.