Harry Quarls - 13 Nov 2023 Form 4 Insider Report for ESS Tech, Inc. (GWH)

Role: Director
Signature: /s/ Kelly F. Goodman, by power of attorney
Issuer symbol: GWH
Transactions as of: 13 Nov 2023
Net transactions value: +$51,631
Form type: 4
Filing time: 13 Nov 2023, 18:21:24 UTC
Previous filing: 30 Aug 2023
Next filing: 14 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GWH	Common Stock	Purchase	$51,631	+46,814	+38%	$1.10	170,270	13 Nov 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.07 to $1.14, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
F2	The reported shares are represented by restricted stock units, or RSUs, which vest as to 1/3 of the RSUs on the one year anniversary of the date of grant and 1/3 of the RSUs shall vest in annually thereafter, provided that the Reporting Person remains a Service Provider to the issuer on each such vest date.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.07 to $1.14, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.

The reported shares are represented by restricted stock units, or RSUs, which vest as to 1/3 of the RSUs on the one year anniversary of the date of grant and 1/3 of the RSUs shall vest in annually thereafter, provided that the Reporting Person remains a Service Provider to the issuer on each such vest date.