Seyed Madaeni - 02 Jun 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
Issuer symbol
FLNC
Transactions as of
02 Jun 2022
Net transactions value
-$648,587
Form type
4
Filing time
06 Jun 2022, 20:08:14 UTC
Previous filing
28 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLNC Class A Common Stock Options Exercise $206,310 +84,208 $2.45* 84,208 02 Jun 2022 Direct
transaction FLNC Class A Common Stock Sale $854,896 -84,208 -100% $10.15 0 02 Jun 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 -84,208 -14% $0.000000 517,933 02 Jun 2022 Class A Common Stock 84,208 $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.