Brian F. Allen - 02 Apr 2025 Form 4 Insider Report for NET Power Inc. (NPWR)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
04 Apr 2025, 21:55:50 UTC
Prior SEC filing
04 Apr 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ James Mahon, attorney-in-fact

Key filing fact

Brian F. Allen filed Form 4 for NET Power Inc. (NPWR) on 04 Apr 2025.

Key facts

  • This page summarizes Brian F. Allen's Form 4 filing for NET Power Inc. (NPWR).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 04 Apr 2025, 21:55.

Change

  • Previous filing in this sequence was filed on 04 Apr 2024.
  • 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

Restricted Stock Units

Award

Transaction value
$0
Shares
+132,399
Change %
+30%
Price
$0.000000
Shares after
568,939
Date
02 Apr 2025
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

NPWR transaction Derivative

Performance Stock Units

Award

Transaction value
$0
Shares
+132,399
Change %
+352%
Price
$0.000000
Shares after
170,009
Date
02 Apr 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
132,399
Exercise price
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

Restricted stock units that vest in three equal installments on each anniversary of April 2, 2025, subject to continued employment.

Footnote F2

The Reporting Person will receive a number of shares of Class A common stock equal to 50% of the number of PSUs upon attainment of a 10% compound annual growth rate ("CAGR") of the 30-day volume weighted average price ("VWAP") of a share of Class A common stock on April 2, 2028 as compared to the VWAP of a share of Class A common stock on April 2, 2025. The Reporting Person will receive a number of shares of Class A common stock equal to 100% of the number of PSUs upon attainment of a 12% CAGR of the VWAP of a share of Class A common stock on April 2, 2028 as compared to the VWAP of a share of Class A common stock on April 2, 2025. The Reporting Person will receive a number of shares of Class A common stock equal to 200% of the number of PSUs upon attainment of a 15% CAGR of the VWAP of a share of Class A common stock on April 2, 2028 as compared to the VWAP of a share of Class A common stock on April 2, 2025.

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