Sagar Kurada - 03 Jan 2022 Form 4 Insider Report for Eos Energy Enterprises, Inc. (EOSE)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Jan 2022, 15:46:09 UTC
Prior SEC filing
22 Dec 2021
Next SEC filing
13 Jul 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Sagar Kurada

Key filing fact

Sagar Kurada filed Form 4 for Eos Energy Enterprises, Inc. (EOSE) on 05 Jan 2022.

Key facts

  • This page summarizes Sagar Kurada's Form 4 filing for Eos Energy Enterprises, Inc. (EOSE).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 05 Jan 2022, 15:46.

Change

  • Previous filing in this sequence was filed on 22 Dec 2021.
  • Current net transaction value: -$63,080.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

EOSE transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+25,000
Change %
+50%
Price
$0.000000
Shares after
75,239
Date
03 Jan 2022
Ownership
Direct
Footnotes
F1
EOSE transaction

Common Stock

Tax liability

Transaction value
$63,080
Shares
-8,300
Change %
-11%
Price
$7.60
Shares after
66,939
Date
03 Jan 2022
Ownership
Direct

Reported derivative securities

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

EOSE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-25,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
03 Jan 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
25,000
Exercise price
$0.000000
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

RSUs convert without cost to shares of common stock on a one-for-one basis.

Footnote F2

The reporting person received a grant of RSUs under the Issuer's 2020 Incentive Plan, as amended from time to time, which was originally scheduled to vest as follows: 25,000 RSUs vesting on January 3, 2022, 75,000 RSUs to vest on January 2, 2023, and 100,000 RSUs to vest on January 1, 2024, subject to continued service through each vesting date. As previously reported, the vesting of 75,000 RSUs was accelerated on December 20, 2021 and the remaining 100,000 RSUs are forfeited, in each case per the Separation agreement signed between the reporting person and the Issuer.

Footnote F3

Not applicable

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