Tahsinul Zia Huque - Dec 16, 2022 Form 4 Insider Report for Energy Vault Holdings, Inc. (NRGV)

Role
Director
Signature
/s/ Timothy Maloche, Attorney-in-Fact
Stock symbol
NRGV
Transactions as of
Dec 16, 2022
Transactions value $
$0
Form type
4
Date filed
2/10/2023, 06:31 PM
Previous filing
Jun 21, 2022
Next filing
May 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRGV Common Stock Award $0 +43.3K $0.00 43.3K Dec 16, 2022 Direct F1
holding NRGV Common Stock 90.5K Dec 16, 2022 Held by Prime Movers Lab Fund II LP
holding NRGV Common Stock 1.25M Dec 16, 2022 Held by Energy Vault PML SPV 1 LP
holding NRGV Common Stock 6.22M Dec 16, 2022 Held by Prime Movers Growth Fund I, LP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an award of restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs vest (subject to the Reporting Person's continued service to the Company or its subsidiaries through the applicable vesting date) in three equal annual installments, such that the RSUs will be fully vested on October 31, 2025.

Remarks:

Exhibit 24 - Power of Attorney.