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NET Power Inc. — Director's Dealing 2023
Aug 11, 2023
33525_dirs_2023-08-11_41162b3a-195c-4951-aa08-e2c744a72e4e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NET Power Inc. (NPWR)
CIK: 0001845437
Period of Report: 2023-08-09
Reporting Person: HEFFINGER BRANDON (Chief Commercial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-09 | Class B Common Stock | J | 150000 | $0.00 | Disposed | 364559 | Direct |
| 2023-08-09 | Class A Common Stock | C | 150000 | $0.00 | Acquired | 150000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-08-09 | Class A Units of NET Power Operations LLC | $ | C | 150000 | Disposed | Class A Common Stock (150000) | Direct |
Footnotes
F1: On August 9, 2023, 150,000 Class A Units of NET Power Operations LLC (a subsidiary of the issuer) held by the reporting person were redeemed in exchange for an equal number of shares of the issuer's Class A Common Stock pursuant to a redemption notice from the reporting person dated August 3, 2023, and upon such redemption, 150,000 shares of the issuer's Class B Common Stock held by the reporting person were surrendered to the issuer and canceled.
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