Krishna Singh - Feb 11, 2021 Form 4/A - Amendment Insider Report for Eos Energy Enterprises, Inc. (EOSE)

Role
Director
Signature
Dr. Krishna Singh
Stock symbol
EOSE
Transactions as of
Feb 11, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
3/30/2022, 04:43 PM
Date Of Original Report
Feb 11, 2021
Next filing
Mar 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EOSE Common Stock Award +171K +6.73% 2.71M Feb 11, 2021 See footnotes F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 170,740 shares of common stock of the issuer reported on this Form 4 were distributed to the reporting persons as earnout consideration pursuant that certain agreement and plan of merger, dated September 7, 2020, by and among the issuer and the other parties signatory thereto. The earnout consideration was contingent upon the price per share of the issuer's common stock exceeding certain thresholds, which thresholds were achieved as of January 21, 2021. The issuer informed the reporting persons of the number of shares issuable pursuant to the earnout as of February 11, 2021.
F2 Represents securities held directly by Holtec International, Singh Real Estate Enterprises Inc., Tequesta Properties Inc. and HI-MED, LLC. Mr. Singh holds direct and/or indirect ownership of these entities and holds the full voting and dispositive power with respect to Holtec International, Tequesta Properties, Inc. and HI-MED, LLC.