NET Power Inc. — Director's Dealing 2024

Sep 17, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NET Power Inc. (NPWR)
CIK: 0001845437
Period of Report: 2024-09-12

Reporting Person: NPEH, LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-09-12	Class A Common Stock	S	2315	$7.2635	Disposed	105537	Direct
2024-09-13	Class A Common Stock	S	1340	$7.2596	Disposed	104197	Direct
2024-09-16	Class A Common Stock	S	36752	$7.0506	Disposed	67445	Direct
2024-09-16	Class A Common Stock	C	500000	—	Acquired	567445	Direct
2024-09-16	Class B Common Stock	J	500000	—	Disposed	29005300	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-09-16	Class A Units of Net Power Operations LLC	$	C	500000	Disposed		Class A Common Stock (500000)	Direct

Footnotes

F1: 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 $7.25 to $7.29. 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.

F2: 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 $7.25 to $7.30. 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.

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 $7.11. 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.

F4: 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 16, 2024, the Reporting Person exchanged 500,000 Class A Units of NET Power Operations LLC for 500,000 shares of the Issuer's Class A Common Stock.

F5: 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 500,000 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.