Jeffrey Bornstein - May 18, 2023 Form 4 Insider Report for Eos Energy Enterprises, Inc. (EOSE)

Role
Director
Signature
/s/ Melissa Berube as attorney-in-fact for Jeffrey Bornstein
Stock symbol
EOSE
Transactions as of
May 18, 2023
Transactions value $
$0
Form type
4
Date filed
5/22/2023, 06:48 PM
Previous filing
May 17, 2023
Next filing
May 2, 2024

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 Stock Option (Right to Buy) Award $0 +121K $0.00 121K May 18, 2023 Common Stock 121K $2.32 Direct F1
transaction EOSE Restricted Stock Units Award $0 +32.3K $0.00 32.3K May 18, 2023 Common Stock 32.3K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted (A) an option to purchase common stock and (B) restricted stock units that settle in common stock, each of which vest on the earlier of (i) the first anniversary of the Grant Date, and (ii) immediately prior to the date of the next annual shareholders meeting of the Company following the grant date; provided, that, the option or restricted stock unit, as applicable, shall vest in full upon the consummation of a change in control.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock.
F3 Not applicable.