Manavendra Sial - Sep 15, 2023 Form 4 Insider Report for Fluence Energy, Inc. (FLNC)

Signature
/s/ Francis A. Fuselier as Attorney-in-fact for Manavendra Sial
Stock symbol
FLNC
Transactions as of
Sep 15, 2023
Transactions value $
-$564,291
Form type
4
Date filed
9/19/2023, 04:05 PM
Previous filing
Sep 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLNC Class A Common Stock Options Exercise +45.2K 45.2K Sep 15, 2023 Direct F1
transaction FLNC Class A Common Stock Tax liability -$564K -22.4K -49.45% $25.24 22.9K Sep 15, 2023 Direct 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 Restricted Stock Unit Options Exercise $0 -45.2K -33.33% $0.00 90.4K Sep 15, 2023 Class A Common Stock 45.2K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock of the Issuer.
F2 Represents the number of shares of Class A Common Stock that have been withheld to satisfy income tax withholding obligations in connection with the vesting of the RSUs.
F3 The RSUs will vest in three equal annual installments with the first installment having vested on September 15, 2023, the second installment vesting on September 15, 2024, and the final installment vesting on September 15, 2025, subject to continued service through the applicable vesting date. The RSUs have no expiration date.