Form 4 for GWH ESS Tech, Inc.
Accepted 2023-09-06 00:00:00 ET · period of report 2023-09-05 · accession 0001628280-23-031574 · 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 | 2023-09-06 | 2023-09-05 | GWH | Dresselhuys Eric P. | CEO, Dir | A - Grant | $0.00 | +128.6K | 2.10M | +7% | $0 |
| D | 2023-09-06 | 2023-09-05 | GWH | Dresselhuys Eric P. | CEO, Dir | A - Grant | $0.00 | +192.9K | 192.9K | New | $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 | Common Stock | 2023-09-05 | A | A | 128,617 | $0.00 | 2,095,468 | D | — | — | (F1) The reported shares are represented by restricted stock units, or RSUs, which vest as to 1/3 of the RSUs on November 20, 2024 and 1/3 of the RSUs vest annually thereafter subject to the Reporting Person remaining as a Service Provider to the issuer as of each vest date. (F2) A portion of these securities are Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. |
| 2 | Derivative | Employee Stock Option (right to buy) | 2023-09-05 | A | A | 192,926 | $0.00 | 192,926 | D | $1.60 · 2024-09-05 to 2033-09-05 | 192,926 Common Stock | (F3) 1/3 of the shares subject to the option shall vest on the one year anniversary of the date of grant and 1/3 of the shares subject to the option shall vest annually thereafter, provided that the Reporting Person remains as a Service Provider to the issuer as of each vest date. |