William Gross - Dec 30, 2021 Form 4/A - Amendment Insider Report for Heliogen, Inc. (HLGN)

Role
Chief Executive Officer, Director
Signature
/s/ Dorothy Vinsky, Attorney-in-Fact
Stock symbol
HLGN
Transactions as of
Dec 30, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
1/7/2022, 08:34 PM
Date Of Original Report
Jan 4, 2022
Next filing
Feb 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLGN Common stock Award $0 +1.59M $0.00 1.59M Dec 30, 2021 Direct F1

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 HLGN Employee Stock Option (right to buy) Award +10.1M 10.1M Dec 30, 2021 Common Stock 10.1M $9.00 Direct F2, F3
transaction HLGN Employee Stock Option (right to buy) Award +5.03M 5.03M Dec 30, 2021 Common Stock 5.03M $0.18 Direct F3, F4
transaction HLGN Employee Stock Option (right to buy) Award +4.21M 4.21M Dec 30, 2021 Common Stock 4.21M $0.09 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received on December 30, 2021 pursuant to that certain Business Combination Agreement ("Merger Agreement"), dated as of July 6, 2021, by and among Athena Technology Acquisition Corp., a Delaware corporation ("Athena"), HelioMax Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of Athena, and Heliogen, Inc., a Delaware corporation ("Legacy Heliogen"), in exchange for Legacy Heliogen shares.
F2 The shares underlying the option shall vest in 48 equal monthly installments commencing December 30, 2021, subject to the Reporting Person's continuous service.
F3 Represents options issued by Legacy Heliogen and assumed by the Issuer on December 30, 2021 pursuant to the Merger Agreement.
F4 The shares underlying the option vested or shall vest in 48 equal monthly installments commencing December 21, 2020, subject to the Reporting Person's continuous service.
F5 The shares underlying the option vested or shall vest in 48 equal monthly installments commencing December 6, 2018, subject to the Reporting Person's continuous service.

Remarks:

The original Form 4, filed on January 4, 2022, is being amended by this Form 4/A to correct the previously reported exercise price of the stock options. The number of shares underlying the stock options previously reported correctly accounted for the Exchange Ratio (as defined in the Merger Agreement). The exercise price for the stock options has now also been adjusted to reflect the Exchange Ratio.