UDAYCHANDRA DEVASPER - 08 Jul 2024 Form 3 Insider Report for Stardust Power Inc. (SDST)

Role: Chief Financial Officer
Signature: /s/ Udaychandra Devasper
Issuer symbol: SDST
Transactions as of: 08 Jul 2024
Transactions value $: $0
Form type: 3
Filing time: 09 Jul 2024, 19:25:22 UTC
Next filing: 20 Sep 2024
SEC: View on sec.gov

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
holding	SDST	Restricted Stock Unit							08 Jul 2024	Class A Common Stock	989,481		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Udaychandra Devasper is entitled to 215,000 shares (or 989,481 shares post combination) under the Stardust 2023 Plan. These shares are included in the 44,418,890 rollover shares of Stardust Power. As disclosed in the Company's Registration Statement filed on Form S-4 filed with the SEC on May 8, 2024 (Registration No. 333-276510), Stardust Power granted Udaychandra Devasper an RSU award for 215,000 shares of Stardust Power Common Stock, which vest quarterly over a 3-year term and are subject to a Liquidity Event Condition as well.

Content

Udaychandra Devasper is entitled to 215,000 shares (or 989,481 shares post combination) under the Stardust 2023 Plan. These shares are included in the 44,418,890 rollover shares of Stardust Power. As disclosed in the Company's Registration Statement filed on Form S-4 filed with the SEC on May 8, 2024 (Registration No. 333-276510), Stardust Power granted Udaychandra Devasper an RSU award for 215,000 shares of Stardust Power Common Stock, which vest quarterly over a 3-year term and are subject to a Liquidity Event Condition as well.