Julian Nebreda - 01 Sep 2024 Form 4 Insider Report for Fluence Energy, Inc. (FLNC)

Role
President and CEO, Director
Signature
/s/ Francis A. Fuselier as Attorney-in-fact for Julian Nebreda
Issuer symbol
FLNC
Transactions as of
01 Sep 2024
Net transactions value
-$361,650
Form type
4
Filing time
04 Sep 2024, 16:09:44 UTC
Previous filing
04 Mar 2024
Next filing
10 Dec 2024
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 +46,219 +84% 101,309 01 Sep 2024 Direct F1
transaction FLNC Class A Common Stock Tax liability $361,650 -19,687 -19% $18.37 81,622 01 Sep 2024 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 -46,219 -50% $0.000000 46,219 01 Sep 2024 Class A Common Stock 46,219 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 reporting person was granted 138,658 RSUs on September 1, 2022. The vesting schedule is as follows: 1/3 of the total RSUs vested on September 1, 2023, 1/3 of the total RSUs vested on September 1, 2024, and 1/3 of the total RSUs will vest on September 1, 2025, subject to continued service through such vesting date. The RSUs have no expiration date.