4//SEC Filing
DONARGO VINCENT 4
Accession 0001104659-22-020789
CIK 0001828536other
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 6:54 PM ET
Size
11.0 KB
Accession
0001104659-22-020789
Insider Transaction Report
Form 4
DONARGO VINCENT
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock, $0.0001 par value
2022-02-11+201,606→ 201,606 total(indirect: See Footnote) - Disposition to Issuer
Class B Common Stock, $0.0001 par value
2022-02-11−162,977→ 201,606 total(indirect: See Footnote)Exercise: $0.00→ Class A Common Stock (162,977 underlying) - Exercise/Conversion
Class B Common Stock, $0.0001 par value
2022-02-11−201,606→ 0 total(indirect: See Footnote)Exercise: $0.00→ Class A Common Stock (201,606 underlying)
Footnotes (4)
- [F1]Upon the consummation of the issuer's business combination with Energy Vault, Inc. on February 11, 2022, 201,606 shares of Class B common stock owned by V Donargo LLC automatically converted into an equal number of shares of Class A common stock. In connection with the issuer's business combination with Energy Vault, Inc., the issuer changed its name to Energy Vault Holdings, Inc.
- [F2]The shares are owned directly by V Donargo LLC. Mr. Donargo is the Chief Financial Officer of V Donargo LLC. Mr. Donargo disclaims beneficial ownership of the securities held by V Donargo LLC except to the extent of his pecuniary interest therein.
- [F3]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.
- [F4]Represents the automatic forfeiture of 162,977 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 0001339176
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 6:54 PM ET
- Size
- 11.0 KB