Joe Mastrangelo - 03 Jan 2023 Form 4 Insider Report for Eos Energy Enterprises, Inc. (EOSE)

Signature
/s/ Randall Gonzales as attorney-in-fact for Joe Mastrangelo
Issuer symbol
EOSE
Transactions as of
03 Jan 2023
Net transactions value
-$177,653
Form type
4
Filing time
05 Jan 2023, 17:31:08 UTC
Previous filing
14 Nov 2022
Next filing
06 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EOSE Common Stock Options Exercise $0 +250,000 +62% $0.000000 653,727 03 Jan 2023 Direct F1
transaction EOSE Common Stock Tax liability $177,653 -130,627 -20% $1.36 523,100 03 Jan 2023 Direct

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 Restricted Stock Units Options Exercise $0 -250,000 -50% $0.000000 250,000 03 Jan 2023 Common Stock 250,000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock
F2 The reporting person received a grant of RSUs under the Issuer's 2020 Incentive Plan, as amended from time to time, which will vest in three equal installments on each of January 3, 2022, January 2, 2023 and January 1, 2024, subject to continued service through each vesting date.
F3 Not applicable.