4//SEC Filing
ALLEN BRIAN F. 4
Accession 0001845437-25-000014
CIK 0001845437other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 9:55 PM ET
Size
7.8 KB
Accession
0001845437-25-000014
Insider Transaction Report
Form 4
NET Power Inc.NPWR
ALLEN BRIAN F.
COO and President
Transactions
- Award
Performance Stock Units
2025-04-02+132,399→ 170,009 total→ Class A Common Stock (132,399 underlying) - Award
Restricted Stock Units
2025-04-02+132,399→ 568,939 total
Footnotes (2)
- [F1]Restricted stock units that vest in three equal installments on each anniversary of April 2, 2025, subject to continued employment.
- [F2]The Reporting Person will receive a number of shares of Class A common stock equal to 50% of the number of PSUs upon attainment of a 10% compound annual growth rate ("CAGR") of the 30-day volume weighted average price ("VWAP") of a share of Class A common stock on April 2, 2028 as compared to the VWAP of a share of Class A common stock on April 2, 2025. The Reporting Person will receive a number of shares of Class A common stock equal to 100% of the number of PSUs upon attainment of a 12% CAGR of the VWAP of a share of Class A common stock on April 2, 2028 as compared to the VWAP of a share of Class A common stock on April 2, 2025. The Reporting Person will receive a number of shares of Class A common stock equal to 200% of the number of PSUs upon attainment of a 15% CAGR of the VWAP of a share of Class A common stock on April 2, 2028 as compared to the VWAP of a share of Class A common stock on April 2, 2025.
Documents
Issuer
NET Power Inc.
CIK 0001845437
Entity typeother
Related Parties
1- filerCIK 0001975816
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 9:55 PM ET
- Size
- 7.8 KB