Form 4 for NPWR Net Power Inc.
Accepted 2025-04-04 00:00:00 ET · period of report 2025-04-02 · accession 0001845437-25-000014 · 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 | 2025-04-04 | 2025-04-02 | NPWR | ALLEN BRIAN F. | COO, Pres | A - Grant | $0.00 | +132.4K | 568.9K | +30% | $0 |
| D | 2025-04-04 | 2025-04-02 | NPWR | ALLEN BRIAN F. | COO, Pres | A - Grant | $0.00 | +132.4K | 170.0K | +352% | $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 | Restricted Stock Units | 2025-04-02 | A | A | 132,399 | $0.00 | 568,939 | D | — | — | (F1) Restricted stock units that vest in three equal installments on each anniversary of April 2, 2025, subject to continued employment. |
| 2 | Derivative | Performance Stock Units | 2025-04-02 | A | A | 132,399 | $0.00 | 170,009 | D | — · — to — | 132,399 Class A Common Stock | (F2) The Reporting Person will receive a number of shares of Class A common stock equal to 50% of the number of PSUs upon attainment of a 10% compound annual growth rate ("CAGR") of the 30-day volume weighted average price ("VWAP") of a share of Class A common stock on April 2, 2028 as compared to the VWAP of a share of Class A common stock on April 2, 2025. The Reporting Person will receive a number of shares of Class A common stock equal to 100% of the number of PSUs upon attainment of a 12% CAGR of the VWAP of a share of Class A common stock on April 2, 2028 as compared to the VWAP of a share of Class A common stock on April 2, 2025. The Reporting Person will receive a number of shares of Class A common stock equal to 200% of the number of PSUs upon attainment of a 15% CAGR of the VWAP of a share of Class A common stock on April 2, 2028 as compared to the VWAP of a share of Class A common stock on April 2, 2025. |