Russell Stidolph - Jan 18, 2023 Form 4 Insider Report for Eos Energy Enterprises, Inc. (EOSE)

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	EOSE	26.5% Convertible Senior PIK Note	Purchase	$2.03M				$2.03M	Jan 18, 2023	Common stock	1.21M	$1.67	See footnote	F1, F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	The principal amount of the convertible note, plus any accrued interest, is convertible at the option of the holder into shares of common stock at any time prior to the close of business on the business day immediately preceding the maturity date at the conversion rate of 598.824 shares of common stock per $1,000 principal amount of notes (which is equal to approximately $1.67 per share), subject to customary anti-dilution and other adjustments.
F2	Represents the date of maturity of the convertible note, unless earlier repurchased, converted or redeemed in accordance with its terms prior to such date.
F3	Represents the principal amount of the convertible note and excludes interest that may accrue. The convertible note bears interest at a rate of 26.5% per annum.
F4	The convertible notes reported in this Form 4 are convertible notes in which Mr. Stidolph has a pecuniary interest in that they are held directly by AE Convert, LLC. Mr. Stidolph is a manager of AE Convert, LLC, and has voting and dispositive power with respect to the securities owned by AE Convert, LLC. Mr. Stidolph disclaims beneficial ownership of convertible notes and the underlying shares of common stock of the issuer reported herein except to the extent of his pecuniary interest therein.