James Mahon - 29 Aug 2023 Form 4 Insider Report for NET Power Inc. (NPWR)

Reporting relationship: General Counsel and Secretary
Issuer ticker: NPWR
Reported as of: 29 Aug 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 31 Aug 2023, 16:31:24 UTC
Prior SEC filing: 12 Jun 2023
Next SEC filing: 08 Sep 2023
Source filing: View source filing
Reporting owner signature: /s/ James Mahon

Key filing fact

James Mahon filed Form 4 for NET Power Inc. (NPWR) on 31 Aug 2023.

Key facts

This page summarizes James Mahon's Form 4 filing for NET Power Inc. (NPWR).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 31 Aug 2023, 16:31.

Change

Previous filing in this sequence was filed on 12 Jun 2023.
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 non-derivative transactions

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

NPWR transaction

Class A Common Stock

Conversion of derivative security

Transaction value: $0
Shares: +100,000
Change %
Price: $0.000000
Shares after: 100,000
Date: 29 Aug 2023
Ownership: Direct

NPWR transaction

Class B Common Stock

Other

Transaction value: $0
Shares: -100,000
Change %: -14%
Price: $0.000000
Shares after: 593,028
Date: 29 Aug 2023
Ownership: Direct

Reported derivative securities

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

NPWR transaction Derivative

Class A Units of NET Power Operations LLC

Conversion of derivative security

Transaction value: $0
Shares: -100,000
Change %: -14%
Price: $0.000000
Shares after: 593,028
Date: 29 Aug 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 100,000
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

On August 29, 2023, 100,000 Class A Units of NET Power Operations LLC (a subsidiary of the issuer) held by the reporting person were redeemed in exchange for an equal number of shares of the issuer's Class A Common Stock pursuant to a redemption notice from the reporting person dated August 28, 2023, and upon such redemption, 100,000 shares of the issuer's Class B Common Stock held by the reporting person were surrendered to the issuer and canceled.