Joseph Evan Calio - Jun 13, 2024 Form 4 Insider Report for FREYR Battery, Inc. /DE/ (FREY)

Role
Chief Financial Officer
Signature
/s/ Are L. Brautaset, as Attorney-in-Fact
Stock symbol
FREY
Transactions as of
Jun 13, 2024
Transactions value $
$0
Form type
4
Date filed
8/9/2024, 05:10 PM
Next filing
Nov 13, 2024

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 FREY Restricted Stock Units (RSU) Award $0 +1.27M $0.00 1.27M Jun 13, 2024 Shares of Common Stock 1.27M Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSUs will be net settled in shares of Common Stock.
F2 Each RSU represents a right to receive one share of Common Stock granted pursuant to the FREYR Battery, Inc. 2021 Equity Incentive Plan (as amended and restated).
F3 The RSUs will vest ratably over three years from the June 13, 2024 grant date. One-third (1/3) of the units shall vest on June 13, 2025. One-third (1/3) of the units shall vest on June 13, 2026. One-third (1/3) of the units shall vest on June 13, 2027.