EDGE Global LLC 4
4 · FREYR Battery, Inc. /DE/ · Filed May 16, 2024
Insider Transaction Report
Form 4
Jensen Tom Einar
Director
Transactions
- Exercise/Conversion
Shares of Common Stock
2024-05-15$0.95/sh+744,431$707,209→ 744,431 total(indirect: By LLC) - Tax Payment
Shares of Common Stock
2024-05-15$2.01/sh−351,845$707,208→ 392,586 total(indirect: By LLC) - Exercise/Conversion
Warrants
2024-05-15−744,431→ 0 total(indirect: By LLC)Exercise: $0.95From: 2021-09-07Exp: 2024-05-15→ Shares of Common Stock (744,431 underlying)
Footnotes (2)
- [F1]On May 15, 2024, EDGE Global LLC ("EDGE Global") exercised warrants to purchase 744,431 shares of common stock of the Issuer through cashless exercise, resulting in the withholding by the Issuer of 351,845 shares and issuing to EDGE Global the remaining 392,586 shares, based on the closing price of the Issuer's shares of common stock on May 15, 2024 of $2.01 per share.
- [F2]Mr. Jensen is a co-owner of EDGE Global and disclaims beneficial ownership of the warrants held by EDGE Global except to the extent of his pecuniary interest therein.