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Stardust Power Inc. — Director's Dealing 2024
Sep 20, 2024
34847_dirs_2024-09-20_64fb382a-2c79-4144-a11e-0ab557a884ce.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Stardust Power Inc. (SDST)
CIK: 0001831979
Period of Report: 2024-09-18
Reporting Person: CORTEGOSO PABLO (Chief Technical Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-09-18 | Common Stock | A | 82469 | — | Acquired | 4684708 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-09-18 | Performance Stock Unit | $ | A | 82469 | Acquired | Common Stock (82469) | Direct |
Footnotes
F1: The reported securities represent restricted stock units ("RSUs") approved and granted by the Issuer's Board on 9/16/24, subject to the effectiveness of the Issuer's registration statement on Form S-8 that was filed with the SEC on 9/18/24. The reported RSUs vest quarterly over three years following the date of grant, subject to the reporting person's continued employment.
F2: Each performance stock unit ("PSU") represents a contingent right to receive one share of Common Stock upon the reporting person's continued employment until the third anniversary of the date of grant, subject to the SDST Common Stock achieving a $12.00 volume weighted average price for a period of 20 trading days during any 30 trading day period during the three year vesting period.