Key facts
- This page summarizes SIEMENS AG's Form 4 filing for Fluence Energy, Inc. (FLNC).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 01 Jul 2022, 16:51.
SIEMENS AG - 30 Jun 2022 Form 4 Insider Report for Fluence Energy, Inc. (FLNC)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- FLNC
- Reported as of
- 30 Jun 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 01 Jul 2022, 16:51:09 UTC
- Prior SEC filing
- 28 Oct 2021
- Source filing
- View source filing
- Reporting owner signature
- SIEMENS AG, By: /s/ Christian Bleiweiss, Name: Christian Bleiweiss, Title: Chief Counsel Corporate, M&A, By: /s/ Hardi Zajewski, Name: Hardi Zajewski, Title: SVP M&A
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
SIEMENS AG filed Form 4 for Fluence Energy, Inc. (FLNC) on 01 Jul 2022.
Change
- Previous filing in this sequence was filed on 28 Oct 2021.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
FLNC
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +58,586,695
- Change %
- Price
- Shares after
- 58,586,695
- Date
- 30 Jun 2022
- Ownership
- See footnote
- Footnotes
- F1, F2, F3
FLNC
transaction
Class A Common Stock
Other
- Transaction value
- Shares
- -58,586,695
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 30 Jun 2022
- Ownership
- See footnote
- Footnotes
- F1, F3
FLNC
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 58,586,695
- Date
- 30 Jun 2022
- Ownership
- Direct
- Footnotes
- F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
FLNC
transaction
Derivative
LLC Units of Fluence Energy, LLC
Conversion of derivative security
- Transaction value
- $0
- Shares
- -58,586,695
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 30 Jun 2022
- Ownership
- See Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 58,586,695
- Exercise price
- Footnotes
- F1, 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 4 footnotes
Footnote F1
On June 30, 2022, Siemens Industry, Inc. ("Siemens Industry"), a wholly owned, indirect subsidiary of Siemens AG, effected an internal transfer to Siemens AG of all of its interest in an aggregate of 58,586,695 shares of Class A Common Stock and exercised its redemption right with respect to an equivalent number of common units of Fluence Energy, LLC ("OpCo Units") together with the corresponding cancellation of 58,586,695 shares of Class B-1 Common Stock of Fluence Energy, Inc. Siemens Industry exercised such redemption right and transfer as a result of Siemens Industry's and Siemens AG's determination that it would be more suitable for Siemens AG to hold Class A Common Stock rather than Class B-1 Common Stock and OpCo Units. Siemens AG does not currently contemplate taking any other action at this time with respect to the Class A Common Stock or any other arrangements or agreements with Fluence Energy, LLC or Fluence Energy, Inc., other than in the ordinary course of business.
Footnote F2
The OpCo Units and an equal number of shares of Class B-1 Common Stock of Fluence Energy, Inc., together are exchangeable at the discretion of the holder for, at the Issuer's election, shares of Class A Common Stock on a one-for-one basis or the cash value thereof, subject to certain exceptions, conditions and adjustments, and have no expiration date.
Footnote F3
The securities are held of record by Siemens Industry. Siemens AG is the indirect parent of Siemens Industry and may be deemed to beneficially own the securities held of record by Siemens Industry.
Footnote F4
Following the transfer described above, these securities are held directly by Siemens AG and Siemens Industry no longer holds any securities of the Issuer. This Form 4 filing reflects an exit filing by Siemens Industry.