Tom Einar Jensen - 15 May 2024 Form 4 Insider Report for FREYR Battery, Inc. /DE/ (TE)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
16 May 2024, 17:49:07 UTC
Prior SEC filing
10 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Are L. Brautaset, as Attorney-in-Fact

Key filing fact

Tom Einar Jensen filed Form 4 for FREYR Battery, Inc. /DE/ (TE) on 16 May 2024.

Key facts

  • This page summarizes Tom Einar Jensen's Form 4 filing for FREYR Battery, Inc. /DE/ (TE).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 16 May 2024, 17:49.

Change

  • Previous filing in this sequence was filed on 10 Jan 2024.
  • Current net transaction value: +$1.

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.

FREY transaction

Shares of Common Stock

Options Exercise

Transaction value
$707,209
Shares
+744,431
Change %
Price
$0.9500*
Shares after
744,431
Date
15 May 2024
Ownership
By Self as Co-Owner of EDGE Global LLC
Footnotes
F1, F2
FREY transaction

Shares of Common Stock

Tax liability

Transaction value
$707,208
Shares
-351,845
Change %
-47%
Price
$2.01*
Shares after
392,586
Date
15 May 2024
Ownership
By Self as Co-Owner of EDGE Global LLC
Footnotes
F1, F2

Reported derivative securities

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

FREY transaction Derivative

Warrants

Options Exercise

Transaction value
$0
Shares
-744,431
Change %
-100%
Price
$0.000000*
Shares after
0
Date
15 May 2024
Ownership
By Self as Co-Owner of EDGE Global LLC
Underlying class
Shares of Common Stock
Underlying amount
744,431
Exercise price
$0.9500
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On May 15, 2024, EDGE Global LLC ("EDGE Global") exercised warrants to purchase 744,431 shares of common stock of the Issuer through cashless exercise, resulting in the withholding by the Issuer of 351,845 shares and issuing to EDGE Global the remaining 392,586 shares, based on the closing price of the Issuer's shares of common stock on May 15, 2024 of $2.01 per share.

Footnote F2

Mr. Jensen is a co-owner of EDGE Global and disclaims beneficial ownership of the warrants held by EDGE Global except to the extent of his pecuniary interest therein.

SEC remarks

Title: Co-Founder and Co-Managing Partner

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .