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

Role
Director
Signature
/s/ Daniel Gunning, Attorney-in-Fact
Issuer symbol
NRGV
Transactions as of
11 Feb 2022
Net transactions value
$0
Form type
4
Filing time
15 Feb 2022, 19:04:46 UTC
Next filing
20 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRGV Common Stock Award +1,608,009 1,608,009 11 Feb 2022 Held by Helena ZePak EV LLC F1, F2
transaction NRGV Common Stock Award +4,715,887 4,715,887 11 Feb 2022 Held by HSI Energy Vault I LLC F1, F3
transaction NRGV Common Stock Award +1,867,677 1,867,677 11 Feb 2022 Held by HSI Energy Vault II LLC F1, F4
transaction NRGV Common Stock Award +233,455 233,455 11 Feb 2022 Held by HSI EV Brasil LLC F1, F5
transaction NRGV Common Stock Award +1,190,327 1,190,327 11 Feb 2022 Held by HSI Puma LLC F1, F6
transaction NRGV Common Stock Award +111,904 111,904 11 Feb 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.