Dennis Fehr - 07 Sep 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
Issuer symbol
FLNC
Transactions as of
07 Sep 2022
Net transactions value
-$2,024,988
Form type
4
Filing time
08 Sep 2022, 16:40:25 UTC
Previous filing
07 Sep 2022
Next filing
15 Sep 2022
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 $98,000 +40,000 +131% $2.45* 70,590 07 Sep 2022 Direct
transaction FLNC Class A Common Stock Sale $770,524 -40,000 -57% $19.26 30,590 07 Sep 2022 Direct F1, F2
transaction FLNC Class A Common Stock Options Exercise $98,000 +40,000 +131% $2.45* 70,590 07 Sep 2022 Direct
transaction FLNC Class A Common Stock Sale $773,036 -40,000 -57% $19.33 30,590 07 Sep 2022 Direct F1, F3
transaction FLNC Class A Common Stock Options Exercise $98,000 +40,000 +131% $2.45* 70,590 07 Sep 2022 Direct
transaction FLNC Class A Common Stock Sale $775,428 -40,000 -57% $19.39 30,590 07 Sep 2022 Direct F1, F4

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 -40,000 -9.1% $0.000000 399,359 07 Sep 2022 Class A Common Stock 40,000 $2.45 Direct F5
transaction FLNC Stock Option Options Exercise $0 -40,000 -10% $0.000000 359,359 07 Sep 2022 Class A Common Stock 40,000 $2.45 Direct F5
transaction FLNC Stock Option Options Exercise $0 -40,000 -11% $0.000000 319,359 07 Sep 2022 Class A Common Stock 40,000 $2.45 Direct F5
* 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 sold in multiple open market transactions at prices ranging from $19.2 to $19.395, 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 sold at each separate price within the range indicated in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple open market transactions at prices ranging from $19.25 to $19.40, inclusive. The Reporting Person undertakes to provide to Fluence, any security holder of Fluence, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple open market transactions at prices ranging from $19.35 to $19.49, inclusive. The Reporting Person undertakes to provide to Fluence, any security holder of Fluence, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range indicated in this footnote.
F5 Represents part of a single option award grant initially for an aggregate 455,674 shares, which vests in three equal annual installments. 1/3rd of the aggregate shares subject to the option became vested and exercisable on April 2, 2022.