Melissa Berube - 15 Jun 2023 Form 4 Insider Report for Eos Energy Enterprises, Inc. (EOSE)

Signature
/s/ Melissa Berube
Issuer symbol
EOSE
Transactions as of
15 Jun 2023
Net transactions value
-$26,124
Form type
4
Filing time
16 Jun 2023, 16:46:55 UTC
Previous filing
10 Feb 2023
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 +25,000 +79% $0.000000 56,524 15 Jun 2023 Direct
transaction EOSE Common Stock Tax liability $26,124 -8,113 -14% $3.22 48,411 15 Jun 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 -25,000 -25% $0.000000 75,000 15 Jun 2023 Common Stock 25,000 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 remaining RSUs will vest in equal installments on each of February 9, 2024, June 15, 2024 and February 9, 2025, subject to continued service through each vesting date.