Form 4 for NPWR Net Power Inc.
Accepted 2023-06-30 00:00:00 ET · period of report 2023-06-30 · accession 0001213900-23-053627 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-06-30 | 2023-06-30 | NPWR | Rice Acquisition Sponsor II LLC | Former Dir, 10% owner | J - Other | $0.00 | -7.54M | 0 | -100% | $0 |
| DM | 2023-06-30 | 2023-06-30 | NPWR | Rice Acquisition Sponsor II LLC | Former Dir, 10% owner | J - Other | $0.00 | -18.43M | 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 | 2023-06-30 | J | D | 2,500 | $0.00 | 0 | D | — | — | (F1) Represents the pro rata distribution of the securities of the issuer held by the reporting person to all of its members. Prior to such distribution, and as of the date hereof, no such securities have been disposed of for cash by either the reporting person or its members. |
| 2 | Common | Class B Common Stock | 2023-06-30 | J | D | 7,535,000 | $0.00 | 0 | D | — | — | (F1) Represents the pro rata distribution of the securities of the issuer held by the reporting person to all of its members. Prior to such distribution, and as of the date hereof, no such securities have been disposed of for cash by either the reporting person or its members. |
| 3 | Derivative | Class B Units of NET Power Operations LLC | 2023-06-30 | J | D | 7,534,900 | $0.00 | 0 | D | — · — to — | 7,534,900 Class A Common Stock | (F1) Represents the pro rata distribution of the securities of the issuer held by the reporting person to all of its members. Prior to such distribution, and as of the date hereof, no such securities have been disposed of for cash by either the reporting person or its members. (F3) The Class B Units of Opco are convertible into Class A Units of Opco on a one-for-one basis pursuant to the terms of the limited liability agreement of Opco. The Class A Units of Opco (together with the corresponding shares of the issuer's Class B common stock) are then exchangeable into shares of the issuer's Class A common stock or cash, at the issuer's election, on a one-for-one basis and have no expiration date. |
| 4 | Derivative | Class A Units of NET Power Operations LLC | 2023-06-30 | J | D | 100 | $0.00 | 0 | D | — · — to — | 100 Class A Common Stock | (F1) Represents the pro rata distribution of the securities of the issuer held by the reporting person to all of its members. Prior to such distribution, and as of the date hereof, no such securities have been disposed of for cash by either the reporting person or its members. (F2) The Class A Units of NET Power Operations LLC ("Opco") (together with the corresponding shares of the issuer's Class B common stock) are exchangeable into shares of the issuer's Class A common stock or cash, at the issuer's election, on a one-for-one basis and have no expiration date. |
| 5 | Derivative | Warrants | 2023-06-30 | J | D | 10,900,000 | $0.00 | 0 | D | $11.50 · 2023-07-08 to 2028-06-08 | 10,900,000 Class A Common Stock | (F1) Represents the pro rata distribution of the securities of the issuer held by the reporting person to all of its members. Prior to such distribution, and as of the date hereof, no such securities have been disposed of for cash by either the reporting person or its members. |