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

Role
Director
Signature
/s/ Timothy Maloche, Attorney-in-Fact
Issuer symbol
NRGV
Transactions as of
16 Dec 2022
Net transactions value
$0
Form type
4
Filing time
10 Feb 2023, 18:31:03 UTC
Previous filing
21 Jun 2022
Next filing
30 May 2023
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 $0 +43,271 $0.000000 43,271 16 Dec 2022 Direct F1
holding NRGV Common Stock 90,500 16 Dec 2022 Held by Prime Movers Lab Fund II LP
holding NRGV Common Stock 1,245,077 16 Dec 2022 Held by Energy Vault PML SPV 1 LP
holding NRGV Common Stock 6,217,287 16 Dec 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.