Denis Phares - 12 Apr 2024 Form 4 Insider Report for Dragonfly Energy Holdings Corp. (DFLI)

Role
CEO, Interim CFO & President, Director, 10%+ Owner
Signature
/s/ Denis Phares
Issuer symbol
DFLI
Transactions as of
12 Apr 2024
Transactions value $
$0
Form type
4
Filing time
16 Apr 2024, 21:00:21 UTC
Previous filing
14 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DFLI Common Stock Award $0 +567,407 +3.8% $0 15,381,074 12 Apr 2024 Direct F1
holding DFLI Common Stock 1,217,906 12 Apr 2024 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 12, 2023, the Reporting Person was granted 567,407 restricted stock units ("RSUs") under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan, which will be settled in shares of common stock, par value $0.0001. The RSUs vest in three equal annual installments beginning on April 12, 2025, as long as the Reporting Person remains in continuous employment with the Issuer through each vesting date.
F2 The shares of common stock are held by the Phares 2021 GRAT dated July 9, 2021, of which the Reporting Person is a trustee.