Sarah Kirshbaum Levy - Oct 8, 2021 Form 4 Insider Report for ESS Tech, Inc. (GWH)

Role
Director
Signature
/s/ Adam Kriger
Stock symbol
GWH
Transactions as of
Oct 8, 2021
Transactions value $
$0
Form type
4
Date filed
10/13/2021, 04:15 PM
Previous filing
Jun 8, 2021
Next filing
May 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWH Common Stock Conversion of derivative security +50K 50K Oct 8, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GWH Class B Ordinary Shares Conversion of derivative security -50K -100% 0 Oct 8, 2021 Common Stock 50K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Sarah Kirshbaum Levy is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger, dated May 6, 2021, by and among ACON S2 Acquisition Corp., a Cayman Islands exempted company (the "Company"), SCharge Merger Sub, Inc., a Delaware corporation, and ESS Tech, Inc., a Delaware corporation ("ESS"), the parties effected a business combination transaction ("Business Combination"), on October 8, 2021. In connection with the Business Combination, the Company domesticated as a Delaware corporation (the "Domestication") and changed its name to "ESS Tech, Inc." ("New ESS"). In connection with the consummation of the Business Combination, 50,000 of Sarah Kirshbaum Levy's Class B ordinary shares, par value $0.0001, of the Company, which were previously convertible into Class A ordinary shares, par value $0.0001, of the Company converted into shares of common stock, par value $0.0001, of New ESS simultaneously with the closing of the Business Combination.