Joe Mastrangelo - 05 Jul 2024 Form 4 Insider Report for Eos Energy Enterprises, Inc. (EOSE)

Signature
/s/ Michael Silberman as attorney-in-fact for Joe Mastrangelo
Issuer symbol
EOSE
Transactions as of
05 Jul 2024
Transactions value $
-$222,111
Form type
4
Filing time
09 Jul 2024, 17:33:37 UTC
Previous filing
05 Jan 2024
Next filing
29 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EOSE Common Stock Options Exercise $0 +254,304 +35% $0 972,676 05 Jul 2024 Direct
transaction EOSE Common Stock Tax liability -$222,111 -115,683 -12% $1.92 856,993 05 Jul 2024 Direct F1

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 Options Exercise $0 -254,304 -33% $0 508,607 05 Jul 2024 Common Stock 254,304 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld from vested restricted stock unit ("RSU") award to satisfy tax obligations, as permitted by the Company's Amended and Restated 2020 Incentive Plan.
F2 The reporting person received a grant of RSUs under the Issuer's 2020 Incentive Plan, as amended from time to time, which will vest in three equal installments on each of the first three anniversaries of the grant date, or if earlier, upon a Change in Control (as defined in the 2020 Incentive Plan), subject to continued service through each vesting date.
F3 Each RSU represents a contingent right to receive one share of common stock.
F4 Not applicable.

Remarks:

Exhibit 24 - Power of Attorney