0001104659-22-093010.txt : 20220819
0001104659-22-093010.hdr.sgml : 20220819
20220819171419
ACCESSION NUMBER: 0001104659-22-093010
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220817
FILED AS OF DATE: 20220819
DATE AS OF CHANGE: 20220819
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GROSS WILLIAM
CENTRAL INDEX KEY: 0001079818
STATE OF INCORPORATION: CA
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39982
FILM NUMBER: 221181580
MAIL ADDRESS:
STREET 1: C/O BILL GROSS' IDEALAB
STREET 2: 130 W UNION STREET
CITY: PASADENA
STATE: CA
ZIP: 91103
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Energy Vault Holdings, Inc.
CENTRAL INDEX KEY: 0001828536
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]
IRS NUMBER: 853230987
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 4360 PARK TERRACE DRIVE
STREET 2: SUITE 100
CITY: WESTLAKE VILLAGE
STATE: CA
ZIP: 91361
BUSINESS PHONE: 805-852-0000
MAIL ADDRESS:
STREET 1: 4360 PARK TERRACE DRIVE
STREET 2: SUITE 100
CITY: WESTLAKE VILLAGE
STATE: CA
ZIP: 91361
FORMER COMPANY:
FORMER CONFORMED NAME: Novus Capital Corp II
DATE OF NAME CHANGE: 20201015
4
1
tm2224129-3_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2022-08-17
0
0001828536
Energy Vault Holdings, Inc.
NRGV
0001079818
GROSS WILLIAM
4360 PARK TERRACE DRIVE, SUITE 100
WESTLAKE VILLAGE
CA
91361
1
0
0
0
Common Stock
2022-08-17
4
J
0
36825
0.00
D
1446565
I
Held by Idealab Holdings, LLC
Common Stock
2022-08-17
4
S
0
170210
5.1838
D
1276355
I
Held by Idealab Holdings, LLC
Common Stock
1688497
I
Held by Idealab Studio, LLC
Common Stock
4902950
I
Held by Gross Goodstein Living Trust dated April 18, 2006
Common Stock
100000
I
Held by spouse as UTMA custodian for child
Represents a disposition of securities from an in-kind distribution, and not a purchase or sale, without additional consideration paid.
Idealab Holdings, LLC ("Holdings") is a wholly-owned subsidiary of Idealab, a California corporation. Idealab is managed by a board of directors consisting of Bill Gross, Marcia Goodstein (Mr. Gross's wife), Renee LaBran and Bob Kavner, and no single person has voting or dispositive authority over the securities reported herein. Mr. Gross may be deemed to share beneficial ownership of the securities held by Holdings. Mr. Gross disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $5.15 to $5.25, inclusive. The reporting person undertakes to provide to the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this Form 4.
Idealab Studio, LLC ("ILS") has a board of managers comprised of Mr. Gross, Allen Morgan, and Howard Morgan. The board of managers acts by majority consent so no single person has sole voting or dispositive authority over such securities. Mr. Gross, Mr. Allen Morgan and Mr. Howard Morgan each disclaims beneficial ownership of the securities held by ILS, except to the extent of his pecuniary interest in such securities. The Gross Goodstein Living Trust dated April 18, 2006 (the "Gross Trust") owns a majority of the class of securities entitled to elect two directors to ILS's board of managers. Mr. Gross is the Chairman and Chief Executive Officer of ILS. As a result of the foregoing, Mr. Gross may be deemed to beneficially own the common stock held of record by ILS.
Mr. Gross is co-Trustee together with his wife of the Gross Trust and may be deemed to have beneficial ownership of the securities held by the Gross Trust. Mr. Gross disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
/s/ Timothy Maloche, Attorney-in-Fact
2022-08-19