Daniel Barcelo - 01 Jan 2025 Form 4 Insider Report for FREYR Battery, Inc. /DE/ (TE)

Signature
By: /s/ Daniel Barcelo
Issuer symbol
TE
Transactions as of
01 Jan 2025
Net transactions value
$0
Form type
4
Filing time
03 Jan 2025, 16:15:03 UTC
Previous filing
10 Jan 2024
Next filing
12 Nov 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FREY Common Stock Award $0 +333,333 +70% $0.000000 808,333 01 Jan 2025 Direct F1, 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 FREY Restricted Stock Units (RSUs) Award $0 +666,667 +178% $0.000000 1,041,666 01 Jan 2025 Shares of Common Stock 666,667 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of RSUs vested on the date of issuance.
F2 The RSUs will be net settled in shares of Common Stock.
F3 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).
F4 The RSUs will vest ratably on an accelerated basis from the January 1, 2025 grant date. One-third (1/3) of the units vested on January 1, 2025. One-third (1/3) of the units shall vest on January 1, 2026. One-third (1/3) of the units shall vest on January 1, 2027.

Remarks:

Exhibit List Exhibit 24.1 - Power of Attorney