Russell Stidolph - 18 May 2023 Form 4 Insider Report for Eos Energy Enterprises, Inc. (EOSE)

Role
Director
Signature
/s/ Melissa Berube as attorney-in-fact for Russell Stidolph
Issuer symbol
EOSE
Transactions as of
18 May 2023
Transactions value $
$0
Form type
4
Filing time
22 May 2023, 18:46:43 UTC
Previous filing
17 May 2023
Next filing
02 May 2024

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 EOSE Stock Option (Right to Buy) Award $0 +120,633 $0.000000 120,633 18 May 2023 Common Stock 120,633 $2.32 Direct F1
transaction EOSE Restricted Stock Units Award $0 +32,328 $0.000000 32,328 18 May 2023 Common Stock 32,328 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted (A) an option to purchase common stock and (B) restricted stock units that settle in common stock, each of which vest on the earlier of (i) the first anniversary of the Grant Date, and (ii) immediately prior to the date of the next annual shareholders meeting of the Company following the grant date; provided, that, the option or restricted stock unit, as applicable, shall vest in full upon the consummation of a change in control.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock.
F3 Not applicable.