NET Power Inc. — Director's Dealing 2024

Oct 8, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NET Power Inc. (NPWR)
CIK: 0001845437
Period of Report: 2024-09-25

Reporting Person: NPEH, LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-09-25	Class A Common Stock	C	1015000	—	Acquired	1015000	Direct
2024-09-25	Class B Common Stock	J	1015000	—	Disposed	27990300	Direct
2024-10-07	Class A Common Stock	S	54922	$7.0015	Disposed	960078	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-09-25	Class A Units of Net Power Operations LLC	$	C	1015000	Disposed		Class A Common Stock (1015000)	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 September 25, 2024, the Reporting Person exchanged 1,015,000 Class A Units of NET Power Operations LLC for 1,015,000 shares of the Issuer's Class A Common Stock.

F2: For each Class A Unit of Net Power Operations LLC, the Reporting Person owns a corresponding share of Class B Common Stock of the Issuer. Upon the exchange of 1,015,000 Class A Units of Net Power Operations LLC, an equal number of shares of Class B Common Stock of the Issuer held by the Reporting Person, 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 $7.00 to $7.02. The Reporting Person 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.