Nathan Kroeker - 31 Aug 2023 Form 4 Insider Report for Eos Energy Enterprises, Inc. (EOSE)

Role
Chief Financial Officer
Signature
/s/ Melissa Berube as attorney-in-fact for Nathan Kroeker
Issuer symbol
EOSE
Transactions as of
31 Aug 2023
Transactions value $
$0
Form type
4
Filing time
01 Sep 2023, 19:16:58 UTC
Previous filing
28 Jul 2023
Next filing
01 Nov 2023
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
transaction EOSE Restricted Stock Units Award $0 +40,000 $0 40,000 31 Aug 2023 Common Stock 40,000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.
F2 On July 26, 2023, the Company approved the grant of 40,000 restricted stock units (the "RSU Grant") to the reporting person. Issuance of the RSU grant is contingent upon the achievement of a certain performance condition during a specified time period (the "Milestone Event"). The Milestone Event was achieved on August 31, 2023 and the restricted stock units with respect to 40,000 shares of common stock will become fully vested on the 60th day following the date of the achievement of the Milestone Event, subject to the reporting person's continued employment with the issuer through such date.
F3 Not applicable.