Dennis Fehr - Apr 28, 2022 Form 4 Insider Report for Fluence Energy, Inc. (FLNC)

Role: SVP & Chief Financial Officer
Signature: /s/ Francis A. Fuselier as Attorney-in-fact for Dennis Fehr
Stock symbol: FLNC
Transactions as of: Apr 28, 2022
Transactions value $: -$138,984
Form type: 4
Date filed: 4/29/2022, 05:06 PM
Previous filing: Oct 28, 2021
Next filing: Sep 7, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FLNC	Class A Common Stock	Options Exercise	$0	+45.9K		$0.00	45.9K	Apr 28, 2022	Direct
transaction	FLNC	Class A Common Stock	Tax liability	-$139K	-15.3K	-33.3%	$9.10	30.6K	Apr 28, 2022	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	FLNC	Phantom Unit	Options Exercise		-45.9K	-33.33%		91.7K	Apr 28, 2022	Class A Common Stock	45.9K		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Reflects shares withheld to cover the Reporting Person's tax liability in connection with the vesting and settlement of the phantom units reported herein.
F2	Each phantom unit is the economic equivalent of one share of the Issuer's Class A common stock and is settled in cash or shares at the discretion of the Issuer's board of directors.
F3	The phantom units will vest and settle in three equal annual installments with the first installment having vested and settled in shares on April 28, 2022, the second installment vesting on April 28, 2023 and the final installment vesting on April 28, 2024, in each case, subject to continued employment of the Reporting Person on such vesting date.