Form 4 for NPWR Net Power Inc.
Accepted 2024-11-26 00:00:00 ET · period of report 2024-11-22 · accession 0001845437-24-000066 · 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 | 2024-11-26 | 2024-11-22 | NPWR | PATEL AKASH S. | CFO | J - Other | $0.00 | -150.0K | 640.4K | -19% | $0 |
| D | 2024-11-26 | 2024-11-22 | NPWR | PATEL AKASH S. | CFO | S - Sale | $12.65 | -150.0K | 0 | -100% | -$1.90M |
| D | 2024-11-26 | 2024-11-22 | NPWR | PATEL AKASH S. | CFO | C - Cnv Deriv | $0.00 | +150.0K | 150.0K | New | $0 |
| D | 2024-11-26 | 2024-11-22 | NPWR | PATEL AKASH S. | CFO | C - Cnv Deriv | $0.00 | -150.0K | 640.4K | -19% | $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 B Common Stock | 2024-11-22 | J | D | 150,000 | $0.00 | 640,448 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-11-22 | S | D | 150,000 | $12.65 | 0 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $12.35 to $13.41, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. |
| 3 | Common | Class A Common Stock | 2024-11-22 | C | A | 150,000 | $0.00 | 150,000 | D | — | — | |
| 4 | Derivative | Class A Units of NET Power Operations LLC | 2024-11-22 | C | D | 150,000 | $0.00 | 640,448 | D | — · — to — | 150,000 Class A Common Stock | (F1) On November 22, 2024, 150,000 Class A Units of NET Power Operations LLC (a subsidiary of the issuer) held by the reporting person were redeemed in exchange for an equal number of shares of the issuer's Class A Common Stock pursuant to a redemption notice from the reporting person dated November 22, 2024, and upon such redemption, 150,000 shares of the issuer's Class B Common Stock held by the reporting person were surrendered to the issuer and canceled. |