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Stardust Power Inc. — Director's Dealing 2024
Jul 10, 2024
34847_dirs_2024-07-09_686f1cfd-bb7a-4ef5-81cc-50018613f4ef.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Stardust Power Inc. (SDST)
CIK: 0001831979
Period of Report: 2024-07-08
Reporting Person: DEVASPER UDAYCHANDRA (Chief Financial Officer)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Class A Common Stock (989481) | Direct |
Footnotes
F1: Udaychandra Devasper is entitled to 215,000 shares (or 989,481 shares post combination) under the Stardust 2023 Plan. These shares are included in the 44,418,890 rollover shares of Stardust Power. As disclosed in the Company's Registration Statement filed on Form S-4 filed with the SEC on May 8, 2024 (Registration No. 333-276510), Stardust Power granted Udaychandra Devasper an RSU award for 215,000 shares of Stardust Power Common Stock, which vest quarterly over a 3-year term and are subject to a Liquidity Event Condition as well.