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

Role
Chief Financial Officer
Signature
/s/ Are L. Brautaset, as Attorney-in-Fact
Issuer symbol
TE
Transactions as of
13 Jun 2024
Net transactions value
$0
Form type
4
Filing time
09 Aug 2024, 17:10:20 UTC
Next filing
13 Nov 2024
SEC
View on sec.gov

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 +1,267,427 $0.000000 1,267,427 13 Jun 2024 Shares of Common Stock 1,267,427 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.