Johannes Cornelis Maria van Gaalen - Dec 12, 2023 Form 4 Insider Report for Energy Vault Holdings, Inc. (NRGV)

Role
Chief Financial Officer
Signature
/s/ Timothy Maloche, Attorney-in-Fact
Stock symbol
NRGV
Transactions as of
Dec 12, 2023
Transactions value $
-$35,010
Form type
4
Date filed
12/14/2023, 06:34 PM
Previous filing
Jan 12, 2023
Next filing
Mar 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRGV Common Stock Options Exercise $0 +62.5K +11.63% $0.00 600K Dec 12, 2023 Direct F1
transaction NRGV Common Stock Sale -$35K -18K -3% $1.95 582K Dec 12, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NRGV Restricted Stock Unit Options Exercise $0 -62.5K -100% $0.00* 0 Dec 12, 2023 Common Stock 62.5K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person has reported prior awards of restricted stock units in Table II of Form 4. As of the date of this filing, the total reported in Column 5 includes an aggregate of 537,500 restricted stock units ("RSUs") previously reported in Table II.
F2 Represents shares sold to satisfy the reporting person's tax liability on vesting of restricted stock units.
F3 The RSUs vest as to 25% of the underlying shares on November 30, 2023, and as to the remaining of the underlying shares in 12 substantially similar quarterly installments thereafter.