Dana A. Armstrong - Mar 5, 2025 Form 4 Insider Report for Excelerate Energy, Inc. (EE)

Signature
/s/ Alisa Newman Hood, Attorney-in-Fact
Stock symbol
EE
Transactions as of
Mar 5, 2025
Transactions value $
-$67,717
Form type
4
Date filed
3/6/2025, 05:28 PM
Previous filing
Jan 8, 2025
Next filing
Apr 1, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EE Class A Common Stock Tax liability -$67.7K -2.25K -5.61% $30.15 37.8K Mar 5, 2025 Direct F1, F2
transaction EE Class A Common Stock Award $0 +18.8K +49.64% $0.00 56.6K Mar 5, 2025 Direct F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EE Performance Stock Unit Award $0 +18.8K +72.61% $0.00 44.6K Mar 5, 2025 Class A Common Stock 18.8K Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock units ("RSUs") withheld in satisfaction of the Reporting Person's tax withholding liability. The RSUs were granted to the Reporting Person on March 5, 2024 pursuant to the Excelerate Energy, Inc. Long-Term Incentive Plan (as amended, the "Plan"), and a portion vested on March 5, 2025.
F2 Includes 27,255 outstanding RSUs granted under the Plan. Each RSU represents the right to receive one share of Class A common stock of the Issuer.
F3 Represents restricted stock units ("RSUs"), each of which represents the right to receive one share of Class A common stock of the Issuer. The RSUs vest ratably on each of the first three anniversaries of the grant date.
F4 Includes 46,028 outstanding RSUs granted under the Plan. Each RSU represents the right to receive one share of Class A common stock of the Issuer.
F5 Each performance stock unit ("PSU") represents a contingent right to receive one share of Class A Common Stock.
F6 Represents PSUs that are eligible to vest if the company's annualized absolute total shareholder return, expressed as a percentage, over the three-year performance period from January 1, 2025 through December 31, 2027, achieves certain hurdles. The actual number of PSUs earned may range from zero to 200% of the target number of PSU. The number of PSUs reported reflects the maximum number of PSUs the reporting person may earn under the award.

Remarks:

Executive Vice President and Chief Financial Officer