Peter Mandel - 15 Nov 2024 Form 4 Insider Report for 374Water Inc. (SCWO)

Role
General Counsel
Signature
/s/ Peter Mandel
Issuer symbol
SCWO
Transactions as of
15 Nov 2024
Net transactions value
+$13,500
Form type
4
Filing time
19 Nov 2024, 21:07:44 UTC
Previous filing
30 Aug 2024
Next filing
20 Aug 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCWO Common Stock (restricted stock units) Award $0 +247,775 $0.000000 247,775 15 Nov 2024 Direct F1
transaction SCWO Common Stock Purchase $13,500 +10,800 +4.4% $1.25 258,575 18 Nov 2024 Direct F2

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 SCWO Stock options (right to buy) Award $0 +247,775 $0.000000 247,775 18 Nov 2024 Common Stock 247,775 $1.03 Direct F1
transaction SCWO Warrants (right to buy) Purchase +16,200 16,200 18 Nov 2024 Common Stock 16,200 $1.12 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting commencement date is August 19, 2024. 25% of the shares vest and become exercisable on the first annual anniversary of the vesting commencement date and the balance vest and become exercisable equally on the last day of every month thereafter over the following 36 months, subject to the Reporting Person's continuous service through each vesting date.
F2 The purchase price for each share of the 10,800 shares of Common Stock reported in Table I and the accompanying warrants was $1.25.