Henry Elkus - Feb 11, 2022 Form 4 Insider Report for Energy Vault Holdings, Inc. (NRGV)

Role
Director
Signature
/s/ Daniel Gunning, Attorney-in-Fact
Stock symbol
NRGV
Transactions as of
Feb 11, 2022
Transactions value $
$0
Form type
4
Date filed
2/15/2022, 07:04 PM
Next filing
Jul 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRGV Common Stock Award +1.61M 1.61M Feb 11, 2022 Held by Helena ZePak EV LLC F1, F2
transaction NRGV Common Stock Award +4.72M 4.72M Feb 11, 2022 Held by HSI Energy Vault I LLC F1, F3
transaction NRGV Common Stock Award +1.87M 1.87M Feb 11, 2022 Held by HSI Energy Vault II LLC F1, F4
transaction NRGV Common Stock Award +233K 233K Feb 11, 2022 Held by HSI EV Brasil LLC F1, F5
transaction NRGV Common Stock Award +1.19M 1.19M Feb 11, 2022 Held by HSI Puma LLC F1, F6
transaction NRGV Common Stock Award +112K 112K Feb 11, 2022 Held by EN Fund I, A Series of Helena Special Investments AL Ventures, LP F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the merger described in that certain Business Combination Agreement and Plan of Reorganization, dated as of September 8, 2021, by and among Novus Capital Corporation II, now known as Energy Vault Holdings, Inc. ("Energy Vault Holdings") (the "Issuer"), NCCII Merger Corp. ("Merger Sub"), and Energy Vault, Inc. ("Energy Vault"), pursuant to which Merger Sub merged with and into Energy Vault, with Energy Vault surviving as a wholly-owned subsidiary of the Issuer (the "Merger").
F2 The Reporting Person received shares of Common Stock in exchange for 237,397 shares of common stock in Energy Vault. On the effective date of the Merger, the closing price of the Issuer's Common Stock was $11.55 per share.
F3 The Reporting Person received shares of Common Stock in exchange for 696,226 shares of common stock in Energy Vault. On the effective date of the Merger, the closing price of the Issuer's Common Stock was $11.55 per share.
F4 The Reporting Person received shares of Common Stock in exchange for 275,733 shares of common stock in Energy Vault. On the effective date of the Merger, the closing price of the Issuer's Common Stock was $11.55 per share.
F5 The Reporting Person received shares of Common Stock in exchange for 34,466 shares of common stock in Energy Vault. On the effective date of the Merger, the closing price of the Issuer's Common Stock was $11.55 per share.
F6 The Reporting Person received shares of Common Stock in exchange for 175,733 shares of common stock in Energy Vault. On the effective date of the Merger, the closing price of the Issuer's Common Stock was $11.55 per share.
F7 The Reporting Person received shares of Common Stock in exchange for 16,521 shares of common stock in Energy Vault. On the effective date of the Merger, the closing price of the Issuer's Common Stock was $11.55 per share.