Daniel Barcelo - 09 Jul 2021 Form 4 Insider Report for Alussa Energy Acquisition Corp.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
13 Jul 2021, 18:06:53 UTC
Next SEC filing
10 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Daniel Barcelo

Key filing fact

Daniel Barcelo filed Form 4 for Alussa Energy Acquisition Corp. on 13 Jul 2021.

Key facts

  • This page summarizes Daniel Barcelo's Form 4 filing for Alussa Energy Acquisition Corp..
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 13 Jul 2021, 18:06.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ALUS transaction Derivative

Class B ordinary shares

Disposed to Issuer

Transaction value
Shares
-7,187,500
Change %
-100%
Price
Shares after
0
Date
09 Jul 2021
Ownership
See footnote
Underlying class
Ordinary Shares
Underlying amount
7,187,500
Exercise price
Footnotes
F1, F3
ALUS transaction Derivative

Private placement warrants

Options Exercise

Transaction value
$0
Shares
-10,250,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
09 Jul 2021
Ownership
See footnote
Underlying class
Ordinary Shares
Underlying amount
10,250,000
Exercise price
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Daniel Barcelo is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

On July 9, 2021, Alussa Energy Acquisition Corp. ("ALUS") consummated its initial business combination (the "Business Combination") with FREYR AS. In connection with the consummation of the Business Combination, each share of Class B ordinary share, par value $0.0001 per share, of ALUS was exchanged for one share of FREYR Battery's Ordinary Shares, with no par value. Daniel Barcelo, the former Chief Executive Officer and President of ALUS prior to the consummation of the Business Combination, is the managing member of Alussa Energy Sponsor LLC (the "Sponsor").

Footnote F2

In connection with the Business Combination, each private placement warrant of ALUS was exchanged for one warrant of FREYR Battery's private warrants. Each whole FREYR Battery private warrant entitles the holder thereof to purchase one (1) Ordinary Share of FREYR Battery at a purchase price of $11.50 per share on the same terms and conditions as ALUS's private placement warrants. The number of ALUS private placement warrants exchanged also includes 1,500,000 working capital warrants issued by ALUS to the Sponsor on April 30, 2021, which have the same terms and conditions as ALUS's private placement warrants.

Footnote F3

Mr. Barcelo has sole voting and dispositive control over the shares held by the Sponsor and may be deemed the beneficial owner of such shares. Mr. Barcelo disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.

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