Pedretti Andrea 4
4 · Energy Vault Holdings, Inc. · Filed Feb 1, 2023
Insider Transaction Report
Form 4
Pedretti Andrea
Chief Technology Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-01-30−781,135→ 390,568 total→ Common Stock (781,135 underlying) - Exercise/Conversion
Common Stock
2023-01-30+781,135→ 1,740,170 total - Tax Payment
Common Stock
2023-01-30$3.78/sh−387,283$1,463,930→ 1,352,887 total
Footnotes (1)
- [F1]The Reporting Person was granted Restricted Stock Units ("RSU") which represent a contingent right to receive one share of Common Stock for each RSU. These shares are being issued in respect of the settlement of equity awards under the Company's equity benefit plans. The RSUs vest upon the satisfaction of the service-based requirement, which provides that the RSUs will vest or have vested as follows: with respect to 25% of the RSUs vest on July 19, 2020 and with respect to 1/48th of the RSUs each month thereafter, subject to the Reporting Person's continuous service with the Issuer through each vesting date.