Melissa Berube - 31 Aug 2023 Form 4 Insider Report for Eos Energy Enterprises, Inc. (EOSE)

Signature
/s/ Melissa Berube
Issuer symbol
EOSE
Transactions as of
31 Aug 2023
Net transactions value
$0
Form type
4
Filing time
01 Sep 2023, 18:14:11 UTC
Previous filing
06 Jul 2023
Next filing
30 Jan 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 +100,000 +100% $0.000000 200,000 31 Aug 2023 Common Stock 100,000 $1.34 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 16, 2022, the reporting person was granted stock options to purchase 200,000 shares of common stock. The stock options vest in two equal installments based on the achievement of certain performance conditions during specified time periods (each, a "Milestone Event"), with the full vesting of the applicable tranche of stock options to occur 60 days after the achievement of the applicable Milestone Event. The second of the Milestone Events was achieved on August 31, 2023 and the stock options with respect to 100,000 shares of common stock will become fully vested and exercisable on the 60th day following the date of the achievement of the Milestone Event, subject to the reporting person's continued employment with the issuer through such date.