| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NEOV | Common Stock | Options Exercise | +50,000 | 50,000 | 01 Jan 2023 | Direct | F1, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NEOV | Restricted Stock Units | Options Exercise | -50,000 | -33% | 100,000 | 01 Jan 2023 | Common Stock | 50,000 | Direct | F1, F2 |
| Id | Content |
|---|---|
| F1 | Issued upon conversion of restricted stock units that convert into common stock on a one-for-one basis. |
| F2 | The reporting person was granted 300,000 restricted stock units (RSUs), vesting as follows: (i) 50,000 of the RSUs vested on January 1, 2023; and (ii) 100,000 RSUs shall vest shall vest on the occurrence of both of the following events: (A) the Company producing at least 2,000 energy storage systems during 2022; and (B) the earliest of (1) a change in control or (2) the termination of the reporting person's employment by the Company without cause (as defined in the employment agreement between the Company and reporting person dated on or about the date hereof) or (3) the death of reporting person, or (4) January 1, 2023, provided the reporting person is serving as an employee of the Company on such date. |
| F3 | Does not include 4,000,000 shares held by Canmore International, Inc., an entity affiliated with the reporting person. |