Randall B. Gonzales - 11 Jan 2023 Form 4 Insider Report for Eos Energy Enterprises, Inc. (EOSE)

Signature
/s/Randall Gonzales
Issuer symbol
EOSE
Transactions as of
11 Jan 2023
Net transactions value
-$47,556
Form type
4
Filing time
13 Jan 2023, 15:48:19 UTC
Previous filing
02 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EOSE Common Stock Options Exercise $0 +104,493 +92% $0.000000 218,193 11 Jan 2023 Direct
transaction EOSE Common Stock Tax liability $47,556 -30,099 -14% $1.58 188,094 11 Jan 2023 Direct 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 Restricted Stock Units Options Exercise $0 -104,493 -33% $0.000000 208,987 11 Jan 2023 Common Stock 104,493 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld from vested restricted stock unit ("RSU") award to satisfy tax obligations, as permitted by the Company's Amended and Restated 2020 Incentive Plan.
F2 Each RSU represents a contingent right to receive one share of common stock.
F3 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 11, 2023, January 11, 2024 and January 11, 2025, or, if earlier, upon a Change in Control, subject to continued service through each vesting date.