Mingxing Lin - 23 Dec 2024 Form 3 Insider Report for FREYR Battery, Inc. /DE/ (TE)

Role
Chief Strategy Officer, Director
Signature
/s/ Mingxing Lin
Issuer symbol
TE
Transactions as of
23 Dec 2024
Net transactions value
$0
Form type
3
Filing time
02 Jan 2025, 09:15:03 UTC
Next filing
03 Dec 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FREY Common Stock 81,800 23 Dec 2024 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
holding FREY Restricted Stock Units (RSUs) 23 Dec 2024 Shares of Common Stock 250,000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 6,800 shares of Common Stock purchased in open market transactions on December 17, 2024 at an average price of $1.71 per share and 75,000 shares of Common Stock purchased in open market transactions on December 17, 2024 at an average price of $1.75 per share.
F2 The RSUs will vest in a single tranche on the first anniversary of the grant date on December 23, 2025, subject to the reporting person's continued service with the Company as its Chief Strategy Officer on such date.
F3 The RSUs will be net settled in shares of Common Stock. Each RSU represents a right to receive one share of Common Stock granted pursuant to the FREYR Battery, Inc. 2021 Equity Incentive Plan (as amended and restated).

Remarks:

Exhibit List. Exhibit 24.1 - Power of Attorney