Frank A. Magnotti - 31 Jul 2023 Form 3 Insider Report for Electriq Power Holdings, Inc.

Role: Chief Executive Officer, Director
Signature: /s/ Frank Magnotti
Issuer symbol: N/A
Transactions as of: 31 Jul 2023
Net transactions value: $0
Form type: 3
Filing time: 10 Aug 2023, 07:38:32 UTC
Next filing: 24 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ELIQ	Class A Common Stock, par value $0.0001 per share						984,822	31 Jul 2023	Direct

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
holding	ELIQ	Stock Option							31 Jul 2023	Class A Common Stock, par value $0.0001 per share	716,326		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Received in connection with the merger of the Issuer and Electriq Power, Inc. ("Electriq") in exchange for options to acquire shares of Electriq.
F2	The options expire on dates ranging from June 10, 2029 to September 18, 2032.
F3	3,446 of the options have an exercise price of $0.53, 396,923 of the options have an exercise price of $0.79 and 315,957 of the options have an exercise price of $0.94.