0001104659-22-108152.txt : 20221012
0001104659-22-108152.hdr.sgml : 20221012
20221012171202
ACCESSION NUMBER: 0001104659-22-108152
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221010
FILED AS OF DATE: 20221012
DATE AS OF CHANGE: 20221012
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: 221307403
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
tm2228108-1_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2022-10-10
0
0001828536
Energy Vault Holdings, Inc.
NRGV
0001079818
GROSS WILLIAM
4360 PARK TERRACE DRIVE, SUITE 100
WESTLAKE VILLAGE
CA
91361
1
0
1
0
Common Stock
2022-10-10
4
S
0
16250
5.4649
D
1639747
I
Held by Idealab Studio, LLC
Common Stock
2022-10-11
4
S
0
16250
5.3420
D
1623497
I
Held by Idealab Studio, LLC
Common Stock
1276355
I
Held by Idealab Holdings, 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
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.045 to $5.615. The reporting
person undertakes to provide the Issuer, any security holder of 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 set forth in this footnote.
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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.155 to $5.53. The reporting
person undertakes to provide the Issuer, any security holder of 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 set forth in this footnote.
Idealab Holdings, LLC ("Holdings") is a wholly owned subsidiary of Idealab, a California corporation. Idealab is managed by a board of directors consisting of Mr.
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.
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
2022-10-12