NET Power Inc. — Director's Dealing 2024

Nov 22, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NET Power Inc. (NPWR)
CIK: 0001845437
Period of Report: 2024-11-19

Reporting Person: NPEH, LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-11-19	Class A Common Stock	C	1260420	—	Acquired	1260420	Direct
2024-11-19	Class B Common Stock	J	1260420	—	Disposed	26729880	Direct
2024-11-20	Class A Common Stock	S	320371	$12.5968	Disposed	940049	Direct
2024-11-21	Class A Common Stock	S	509040	$12.7163	Disposed	431009	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-11-19	Class A Units of NET Power Operations LLC	$	C	1260420	Disposed		Class A Common Stock (1260420)	Direct

Footnotes

F1: The Class A Units of NET Power Operations LLC are exchangeable into shares of the Issuer's Class A Common Stock or, at the Issuer's election, cash, on a one-for-one basis and have no expiration date. On November 19, 2024, NPEH, LLC ("NPEH") exchanged 1,260,420 Class A Units of NET Power Operations LLC for 1,260,420 shares of the Issuer's Class A Common Stock.

F2: For each Class A Unit of Net Power Operations LLC, NPEH owns a corresponding share of Class B Common Stock of the Issuer. Upon the exchange of 1,260,420 Class A Units of Net Power Operations LLC, an equal number of shares of Class B Common Stock of the Issuer held by NPEH, which have no economic value, were cancelled.

F3: The price reported reflects the weighted average sales price. The shares of Class A Common Stock were sold in multiple trades at prices ranging from $12.315 to $12.93. NPEH will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

F4: The price reported reflects the weighted average sales price. The shares of Class A Common Stock were sold in multiple trades at prices ranging from $12.55 to $13.04. NPEH will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.