Form 4 for NRGV Energy Vault Holdings, Inc.
Accepted 2022-02-11 00:00:00 ET · period of report 2022-02-11 · accession 0001104659-22-020671 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-11 | 2022-02-11 | NRGV | LAIKIN ROBERT J | CEO, Dir | A - Grant | $10.00 | +300.0K | 300.0K | New | +$3.00M |
| D | 2022-02-11 | 2022-02-11 | NRGV | LAIKIN ROBERT J | CEO, Dir | M - OptEx | $0.00 | +442.4K | 742.4K | +147% | $0 |
| D | 2022-02-11 | 2022-02-11 | NRGV | LAIKIN ROBERT J | CEO, Dir | M - OptEx | $0.00 | -442.4K | 0 | -100% | $0 |
| D | 2022-02-11 | 2022-02-11 | NRGV | LAIKIN ROBERT J | CEO, Dir | D - Sale to Iss | $0.00 | -357.6K | 442.4K | -45% | $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 | 300,000 | $10.00 | 300,000 | D | — | — | (F1) Represents 300,000 shares of Class A common stock purchased from the issuer 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. |
| 2 | Common | Class A Common Stock, $0.0001 par value | 2022-02-11 | M | A | 442,382 | $0.00 | 742,382 | D | — | — | (F2) Upon the consummation of the issuer's business combination with Energy Vault, Inc. on February 11, 2022, 442,382 shares of Class B common stock owned by Mr. Laikin automatically converted into an equal number of shares of Class A common stock. |
| 3 | Derivative | Class B Common Stock, $0.0001 par value | 2022-02-11 | M | D | 442,382 | $0.00 | 0 | D | $0.00 · — to — | 442,382 Class A Common Stock | (F2) Upon the consummation of the issuer's business combination with Energy Vault, Inc. on February 11, 2022, 442,382 shares of Class B common stock owned by Mr. Laikin automatically converted into an equal number of shares of Class A common stock. (F3) 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. |
| 4 | Derivative | Class B Common Stock, $0.0001 par value | 2022-02-11 | D | D | 357,618 | $0.00 | 442,382 | D | $0.00 · — to — | 357,618 Class A Common Stock | (F4) Represents the automatic forfeiture of 357,618 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. (F3) 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. |