ESS Tech, Inc. — Director's Dealing 2020

Nov 18, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACON S2 Acquisition Corp. (STWOU)
CIK: 0001819438
Period of Report: 2020-11-16

Reporting Person: ACON S2 Management, LLC (10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-16	Class B ordinary shares	$	J	937500	Disposed		Class A ordinary shares (937500)	Direct

Footnotes

F1: This Form 4 reflects the automatic surrender to ACON S2 Acquisition Corp. (the "issuer") of 937,500 shares of the issuer's Class B ordinary shares, par value $0.0001 per share, for no consideration by the reporting person pursuant to contractual arrangements with the issuer, triggered by the election by the underwriter of the issuer's initial public offering to not exercise its option to purchase additional units.

F2: As described in the issuer's registration statement on Form S-1 (File No. 333-248515) under the heading "Description of Securities--Founder Shares", the Class B ordinary shares, par value $0.0001 per share, will automatically convert into Class A ordinary shares, par value $0.0001 per share, of the issuer at the time of the issuer's initial business combination, on a one-for-one basis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights and have no expiration date.