Richard H. Davis - Dec 30, 2024 Form 4 Insider Report for 374Water Inc. (SCWO)

Role
Director
Signature
/s/ Rick Davis
Stock symbol
SCWO
Transactions as of
Dec 30, 2024
Transactions value $
$0
Form type
4
Date filed
1/2/2025, 07:30 PM
Previous filing
Nov 25, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCWO Common Stock Options Exercise $120K +1M +309.7% $0.12 1.32M Dec 30, 2024 Direct F1
transaction SCWO Common Stock Tax liability -$120K -179K -13.54% $0.67 1.14M Dec 30, 2024 Direct
holding SCWO Common Stock 161K Dec 30, 2024 By spouse
holding SCWO Common Stock 10K Dec 30, 2024 By Darby Shore Management Inc F2

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 SCWO Stock options (right to buy) Options Exercise $0 -1M -27.03% $0.00 2.7M Dec 30, 2024 Common Stock 1M $0.12 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a fully vested stock option, which was exercised in connection with tax planning purposes and for which the exercise price was paid through the withholding of exercised shares. The Reporting Person intends to hold the shares until at least May 2025 pursuant to a lock-up agreement and the Issuer's insider trading policy.
F2 The Reporting Person is an officer, director and 25% shareholder of Darby Shore Management, Inc., a Florida corporation ("Darby"), and may be deemed to have voting and investment power over the shares held by Darby.