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

Signature
/s/ Francis A. Fuselier as Attorney-in-fact for Manavendra Sial
Issuer symbol
FLNC
Transactions as of
15 Sep 2023
Net transactions value
-$564,291
Form type
4
Filing time
19 Sep 2023, 16:05:33 UTC
Previous filing
16 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLNC Class A Common Stock Options Exercise +45,210 45,210 15 Sep 2023 Direct F1
transaction FLNC Class A Common Stock Tax liability $564,291 -22,357 -49% $25.24 22,853 15 Sep 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 -45,210 -33% $0.000000 90,419 15 Sep 2023 Class A Common Stock 45,210 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.