Form 4 for NRGV Energy Vault Holdings, Inc.
Accepted 2022-02-11 00:00:00 ET · period of report 2022-02-11 · accession 0001104659-22-020669 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2022-02-11 | 2022-02-11 | NRGV | Goodman Heather | Dir | A - Grant | $10.00 | +220.0K | 220.0K | New | +$2.20M |
| D | 2022-02-11 | 2022-02-11 | NRGV | Goodman Heather | Dir | A - Grant | $10.00 | +30.0K | 30.0K | New | +$300.0K |
| D | 2022-02-11 | 2022-02-11 | NRGV | Goodman Heather | Dir | M - OptEx | $0.00 | +161.3K | 191.3K | +538% | $0 |
| D | 2022-02-11 | 2022-02-11 | NRGV | Goodman Heather | Dir | D - Sale to Iss | $0.00 | -130.4K | 161.3K | -45% | $0 |
| D | 2022-02-11 | 2022-02-11 | NRGV | Goodman Heather | Dir | M - OptEx | $0.00 | -161.3K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock, $0.0001 par value | 2022-02-11 | A | A | 220,000 | $10.00 | 220,000 | I | — | — | (F2) Represents 220,000 shares of Class A common stock purchased from the issuer by True VC LLC - Series 15 in a private placement transaction for $10.00 per share. |
| 2 | Common | Class A Common Stock, $0.0001 par value | 2022-02-11 | A | A | 30,000 | $10.00 | 30,000 | D See Footnote | — | — | (F1) Represents 30,000 shares of Class A common stock purchased from the issuer by Heather Goodman and Doug Raetz as tenants in common in a private placement transaction for $10.00 per share. In connection with the issuer's business combination with Energy Vault, Inc., the issuer changed its name to Energy Vault Holdings, Inc. (F3) The shares are owned directly by True VC LLC - Series 15. Ms. Goodman is a managing member of True VC LLC - Series 15. Ms. Goodman disclaims beneficial ownership of the securities held by True VC LLC - Series 15 except to the extent of her pecuniary interest therein. |
| 3 | Common | Class A Common Stock, $0.0001 par value | 2022-02-11 | M | A | 161,285 | $0.00 | 191,285 | D | — | — | (F4) Upon the consummation of the issuer's business combination with Energy Vault, Inc. on February 11, 2022, 161,285 shares of Class B common stock owned by Heather Goodman and Doug Raetz as tenants in common automatically converted into an equal number of shares of Class A common stock. |
| 4 | Derivative | Class B Common Stock, $0.0001 par value | 2022-02-11 | D | D | 130,382 | $0.00 | 161,285 | D | $0.00 · — to — | 130,382 Class A Common Stock | (F6) Represents the automatic forfeiture of 130,382 shares of Class B common stock for no additional consideration in connection with the closing of the issuer's business combination with Energy Vault, Inc. (F5) As described in the issuer's registration statement on Form S-4 (File No. 333-260307) under the heading "Description of Securities--Founder Shares," shares of Class B common stock, par value $0.0001 per share, of the issuer automatically convert into shares of Class A common stock, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustment, and have no expiration date. |
| 5 | Derivative | Class B Common Stock, $0.0001 par value | 2022-02-11 | M | D | 161,285 | $0.00 | 0 | D | $0.00 · — to — | 161,285 Class A Common Stock | (F4) Upon the consummation of the issuer's business combination with Energy Vault, Inc. on February 11, 2022, 161,285 shares of Class B common stock owned by Heather Goodman and Doug Raetz as tenants in common automatically converted into an equal number of shares of Class A common stock. (F5) As described in the issuer's registration statement on Form S-4 (File No. 333-260307) under the heading "Description of Securities--Founder Shares," shares of Class B common stock, par value $0.0001 per share, of the issuer automatically convert into shares of Class A common stock, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustment, and have no expiration date. |