Dr. Krishna Singh - 09 Apr 2021 Form 4 Insider Report for Eos Energy Enterprises, Inc. (EOSE)

Role
Director
Signature
Dr. Krishna Singh
Issuer symbol
EOSE
Transactions as of
09 Apr 2021
Net transactions value
$0
Form type
4
Filing time
30 Mar 2022, 16:45:32 UTC
Previous filing
30 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EOSE Common Stock Options Exercise $0 +86,457 +3.2% $0.000000 2,794,709 09 Apr 2021 See footnotes 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
transaction EOSE Options Options Exercise $0 -86,457 -100% $0.000000* 0 09 Apr 2021 Common Stock 86,457 $8.67 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Dr. Krishna Singh is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 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.
F2 On April 9, 2021, the Company acquired 51% interest in HI-POWER LLC from Holtec International. These options held by Holtech were approved for accelerated vesting immediately as part of the acquisition agreement. These options were exercised and cash for the exercise was paid at the closing of the acquisition.