InsiderTrades

Form 4 for NPWR Net Power Inc.

Accepted 2023-06-30 00:00:00 ET · period of report 2023-06-30 · accession 0001213900-23-053630 · 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 2023-06-30 2023-06-30 NPWR Derham Kyle Dir J - Other $0.00 +286.3K 1.68M +21% $0
D 2023-06-30 2023-06-30 NPWR Derham Kyle Dir J - Other $0.00 +1.39M 1.39M New $0
DM 2023-06-30 2023-06-30 NPWR Derham Kyle Dir J - Other $0.00 +3.40M 2.01M New $0
DMI 2023-06-30 2023-06-30 NPWR Derham Kyle Dir J - Other $0.00 +700.4K 2.42M +41% $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Class B Common Stock 2023-06-30 J A 286,320 $0.00 1,676,668 I — — (F1) Received from Rice Acquisition Sponsor LLC ("Sponsor") pursuant to the pro rata distribution of all of the securities of the issuer held by Sponsor to its members. (F2) Prior to the distribution by Sponsor referred to in footnote 1, the reporting person was a managing member of Sponsor, and as such, the reporting person may have been deemed to have beneficial ownership of the securities held of record by Sponsor and the reporting person's prior Form 4s included transactions and direct holdings of Sponsor.
2 Common Class B Common Stock 2023-06-30 J A 1,390,348 $0.00 1,390,348 D The Derham Children's Trust of 2020 — — (F1) Received from Rice Acquisition Sponsor LLC ("Sponsor") pursuant to the pro rata distribution of all of the securities of the issuer held by Sponsor to its members. (F2) Prior to the distribution by Sponsor referred to in footnote 1, the reporting person was a managing member of Sponsor, and as such, the reporting person may have been deemed to have beneficial ownership of the securities held of record by Sponsor and the reporting person's prior Form 4s included transactions and direct holdings of Sponsor. (F3) The Derham Children's Trust of 2020 (the "Trust") is the record holder of the securities reported herein and the reporting person is the trustee of the Trust. By virtue of the relationship, the reporting person may be deemed to have or share beneficial ownership of the securities held of record by the Trust, but the reporting person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
3 Derivative Class B Units of NET Power Operations LLC 2023-06-30 J A 1,390,348 $0.00 1,390,348 D The Derham Children's Trust of 2020 — · — to — 1,390,348 Class A Common Stock (F1) Received from Rice Acquisition Sponsor LLC ("Sponsor") pursuant to the pro rata distribution of all of the securities of the issuer held by Sponsor to its members. (F3) The Derham Children's Trust of 2020 (the "Trust") is the record holder of the securities reported herein and the reporting person is the trustee of the Trust. By virtue of the relationship, the reporting person may be deemed to have or share beneficial ownership of the securities held of record by the Trust, but the reporting person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly. (F4) 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 B Units of NET Power Operations LLC 2023-06-30 J A 286,320 $0.00 1,676,668 I The Derham Children's Trust of 2020 — · — to — 286,320 Class A Common Stock (F1) Received from Rice Acquisition Sponsor LLC ("Sponsor") pursuant to the pro rata distribution of all of the securities of the issuer held by Sponsor to its members. (F3) The Derham Children's Trust of 2020 (the "Trust") is the record holder of the securities reported herein and the reporting person is the trustee of the Trust. By virtue of the relationship, the reporting person may be deemed to have or share beneficial ownership of the securities held of record by the Trust, but the reporting person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly. (F4) 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.
5 Derivative Warrants 2023-06-30 J A 414,049 $0.00 2,424,635 I $11.50 · 2023-07-08 to 2028-06-08 414,049 Class A Common Stock (F1) Received from Rice Acquisition Sponsor LLC ("Sponsor") pursuant to the pro rata distribution of all of the securities of the issuer held by Sponsor to its members.
6 Derivative Warrants 2023-06-30 J A 2,010,586 $0.00 2,010,586 D $11.50 · 2023-07-08 to 2028-06-08 2,010,586 Class A Common Stock (F1) Received from Rice Acquisition Sponsor LLC ("Sponsor") pursuant to the pro rata distribution of all of the securities of the issuer held by Sponsor to its members.