Seyed Madaeni - Jun 2, 2022 Form 4 Insider Report for Fluence Energy, Inc. (FLNC)

Role
SVP & Chief Digital Officer
Signature
/s/ Frank Fuselier as Attorney-in-fact for Seyed Madaeni
Stock symbol
FLNC
Transactions as of
Jun 2, 2022
Transactions value $
-$648,587
Form type
4
Date filed
6/6/2022, 08:08 PM
Previous filing
Oct 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLNC Class A Common Stock Options Exercise $206K +84.2K $2.45* 84.2K Jun 2, 2022 Direct
transaction FLNC Class A Common Stock Sale -$855K -84.2K -100% $10.15 0 Jun 2, 2022 Direct F1, F2

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 Stock Option Options Exercise $0 -84.2K -13.98% $0.00 518K Jun 2, 2022 Class A Common Stock 84.2K $2.45 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Proceeds from the sale were used to pay the exercise price of such portion of the stock option, pursuant to a broker-assisted cashless exercise, and applicable withholding taxes.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple open market transactions at prices ranging from $10.1 to $10.23, inclusive. The Reporting Person undertakes to provide to Fluence Energy, Inc. ("Fluence"), any security holder of Fluence, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range indicated in this footnote.
F3 Represents part of a single option award grant initially for an aggregate 602,141 shares. 1/3rd of the aggregate shares subject to the option became vested and exercisable on April 2, 2022, 1/3 of the shares subject to the option become vested and exercisable on April 2, 2023 and 1/3 of the shares subject to the option become vested and exercisable on April 2, 2024.