4//SEC Filing
Goodman Heather 4
Accession 0001104659-22-020669
CIK 0001828536other
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 5:12 PM ET
Size
14.2 KB
Accession
0001104659-22-020669
Insider Transaction Report
Form 4
Goodman Heather
Director
Transactions
- Award
Class A Common Stock, $0.0001 par value
2022-02-11$10.00/sh+30,000$300,000→ 30,000 total - Award
Class A Common Stock, $0.0001 par value
2022-02-11$10.00/sh+220,000$2,200,000→ 220,000 total(indirect: See Footnote) - Exercise/Conversion
Class A Common Stock, $0.0001 par value
2022-02-11+161,285→ 191,285 total - Disposition to Issuer
Class B Common Stock, $0.0001 par value
2022-02-11−130,382→ 161,285 totalExercise: $0.00→ Class A Common Stock (130,382 underlying) - Exercise/Conversion
Class B Common Stock, $0.0001 par value
2022-02-11−161,285→ 0 totalExercise: $0.00→ Class A Common Stock (161,285 underlying)
Footnotes (6)
- [F1]Represents 30,000 shares of Class A common stock purchased from the issuer by Heather Goodman and Doug Raetz as tenants in common in a private placement transaction for $10.00 per share. In connection with the issuer's business combination with Energy Vault, Inc., the issuer changed its name to Energy Vault Holdings, Inc.
- [F2]Represents 220,000 shares of Class A common stock purchased from the issuer by True VC LLC - Series 15 in a private placement transaction for $10.00 per share.
- [F3]The shares are owned directly by True VC LLC - Series 15. Ms. Goodman is a managing member of True VC LLC - Series 15. Ms. Goodman disclaims beneficial ownership of the securities held by True VC LLC - Series 15 except to the extent of her pecuniary interest therein.
- [F4]Upon the consummation of the issuer's business combination with Energy Vault, Inc. on February 11, 2022, 161,285 shares of Class B common stock owned by Heather Goodman and Doug Raetz as tenants in common automatically converted into an equal number of shares of Class A common stock.
- [F5]As described in the issuer's registration statement on Form S-4 (File No. 333-260307) under the heading "Description of Securities--Founder Shares," shares of Class B common stock, par value $0.0001 per share, of the issuer automatically convert into shares of Class A common stock, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustment, and have no expiration date.
- [F6]Represents the automatic forfeiture of 130,382 shares of Class B common stock for no additional consideration in connection with the closing of the issuer's business combination with Energy Vault, Inc.
Documents
Issuer
Novus Capital Corp II
CIK 0001828536
Entity typeother
Related Parties
1- filerCIK 0001812066
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 5:12 PM ET
- Size
- 14.2 KB