ALEXANDER DIMITRIEF - 23 Feb 2021 Form 4/A - Amendment Insider Report for Eos Energy Enterprises, Inc. (EOSE)

Role
Director
Signature
/s/ Sagar Kurada as attorney-in-fact for Alexander Dimitrief
Issuer symbol
EOSE
Transactions as of
23 Feb 2021
Transactions value $
$67,492
Form type
4/A - Amendment
Filing time
08 Sep 2021, 19:36:30 UTC
Date Of Original Report
30 Apr 2021
Next filing
08 Sep 2021

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 Stock Option (Right to Buy) Award $67.5K +3.03K $22.26* 3.03K 23 Feb 2021 Common Stock 3.03K $22.26 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person's Form 4 filed on April 30, 2021 improperly reported that this award of stock options was made as of April 28, 2021, with the number of options and applicable exercise price calculated based on the closing price of the Issuer's common stock on April 28, 2021. The award of stock options described herein reflects the appropriate grant date, exercise price and number of awarded options.
F2 This option was granted on February 23, 2021 as an option to purchase 3,032 shares of the Issuer's common stock under the Issuer's 2020 Incentive Plan (the "Plan") at an exercise price of $22.26 per share. The option shall fully vest on the earlier of (i) the first anniversary of the Grant Date or (ii) immediately prior to the Issuer's next annual shareholders meeting following the Grant Date; provided, that, the option shall vest in full upon the consummation of a Change in Control.