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 |
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. |