Robert Piconi - 07 Mar 2024 Form 4 Insider Report for Energy Vault Holdings, Inc. (NRGV)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Timothy Maloche, Attorney-in-Fact
Issuer symbol
NRGV
Transactions as of
07 Mar 2024
Net transactions value
$0
Form type
4
Filing time
03 May 2024, 16:27:18 UTC
Previous filing
09 Feb 2024
Next filing
20 Mar 2024
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 +3,100,000 +22% $0.000000 17,201,994 07 Mar 2024 Direct F1, F2
holding NRGV Common Stock 4,307,946 07 Mar 2024 See Footnote F3
holding NRGV Common Stock 4,307,946 07 Mar 2024 See Footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs will vest as to 33.2% of the underlying shares on March 31, 2025, and as to the remaining of the underlying shares in eight substantially similar quarterly installments thereafter.
F2 Represents the amount beneficially owned as of the date of this filing.
F3 Held by Piconi 2021 Delaware Trust for which the Reporting Person serves as investment advisor.
F4 Held by Piconi Family 2021 Delaware Trust for which the Reporting Person serves as investment advisor.