Larry Paulson - 25 May 2023 Form 4 Insider Report for Energy Vault Holdings, Inc. (NRGV)

Role
Director
Signature
/s/ Timothy Maloche, Attorney-in-Fact
Issuer symbol
NRGV
Transactions as of
25 May 2023
Net transactions value
$0
Form type
4
Filing time
30 May 2023, 17:05:15 UTC
Previous filing
10 Feb 2023
Next filing
29 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRGV Common Stock Award $0 +48,853 +48% $0.000000 151,495 25 May 2023 Direct F1
holding NRGV Common Stock 609,256 25 May 2023 See Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an award of restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs vest (subject to the Reporting Person's continued service to the Board) on the earlier of (i) the date of the next Annual Meeting occurring after the date of grant or (ii) May 25, 2024.
F2 The shares are owned directly by the Larry M and Gretchen V Paulson Family Trust dated September 4, 2019 and any amendments thereto (the "Trust"). Mr. Paulson is a trustee of the Trust. Mr. Paulson disclaims beneficial ownership of the securities held by the Trust except to the extent of his pecuniary interest therein.. .