Form 4 for FLNC Fluence Energy, Inc.
Accepted 2023-05-23 00:00:00 ET · period of report 2023-05-22 · accession 0001868941-23-000046 · 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 | 2023-05-23 | 2023-05-22 | FLNC | Couch Carolee | SVP, Chief SC, Manu. Off | M - OptEx | $2.45 | +50.0K | 51.2K | +4,167% | +$122.5K |
| D | 2023-05-23 | 2023-05-22 | FLNC | Couch Carolee | SVP, Chief SC, Manu. Off | S - Sale+OE | $22.78 | -50.0K | 1,200 | -98% | -$1.14M |
| D | 2023-05-23 | 2023-05-22 | FLNC | Couch Carolee | SVP, Chief SC, Manu. Off | M - OptEx | $0.00 | -50.0K | 451.5K | -10% | $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 | 2023-05-22 | M | A | 50,000 | $2.45 | 51,200 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-05-22 | S | D | 50,000 | $22.78 | 1,200 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple open market transactions at prices ranging from $22.36 to $23.26, inclusive. The Reporting Person undertakes to provide to Fluence Energy, Inc. ("Fluence"), any security holder of Fluence, 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 indicated in this footnote. |
| 3 | Derivative | Stock Option | 2023-05-22 | M | D | 50,000 | $0.00 | 451,537 | D | $2.45 · — to 2031-04-02 | 50,000 Class A Common Stock | (F3) Represents part of a single option award grant initially for an aggregate 501,537 shares, which vests in three equal annual installments. 1/3rd of the aggregate shares subject to the option became vested and exercisable on April 2, 2022 and another 1/3rd of the aggregate shares subject to the option became vested and exercisable on April 2, 2023. The final 1/3 of the aggregate shares subject to the option vest on April 2, 2024. |