Henry Elkus - 18 Jul 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: 18 Jul 2022
Net transactions value: $0
Form type: 4
Filing time: 20 Jul 2022, 16:23:56 UTC
Previous filing: 15 Feb 2022
Next filing: 15 Aug 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	Other	$0	-1,190,327	-100%	$0.000000^*	0	18 Jul 2022	Held by HSI Puma LLC	F1
holding	NRGV	Common Stock						1,608,009	18 Jul 2022	Held by Helena ZePak EV LLC
holding	NRGV	Common Stock						4,715,887	18 Jul 2022	Held by HSI Energy Vault I LLC
holding	NRGV	Common Stock						1,867,677	18 Jul 2022	Held by HSI Energy Vault II LLC
holding	NRGV	Common Stock						233,455	18 Jul 2022	Held by HIS EV Brasil LLC
holding	NRGV	Common Stock						111,904	18 Jul 2022	Held by EN Fund I, A Series of Helena Special Investments AL Ventures, LP

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

Explanation of Responses:

Id	Content
F1	Represents a disposition of securities from an in-kind distribution, and not a purchase or sale, without additional consideration paid. Such distribution was made in accordance with the lock-up agreement entered into between the HSI Puma LLC and the Issuer at the closing of the Issuer's business combination with Energy Vault, Inc. on February 11, 2022 (the "Original Lock-Up Agreement"), and the distributee has entered into a lock-up agreement with the Issuer in substantially the same form as the Original Lock-Up Agreement.

Content

Represents a disposition of securities from an in-kind distribution, and not a purchase or sale, without additional consideration paid. Such distribution was made in accordance with the lock-up agreement entered into between the HSI Puma LLC and the Issuer at the closing of the Issuer's business combination with Energy Vault, Inc. on February 11, 2022 (the "Original Lock-Up Agreement"), and the distributee has entered into a lock-up agreement with the Issuer in substantially the same form as the Original Lock-Up Agreement.