0001104659-22-111651.txt : 20221026 0001104659-22-111651.hdr.sgml : 20221026 20221026210041 ACCESSION NUMBER: 0001104659-22-111651 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221024 FILED AS OF DATE: 20221026 DATE AS OF CHANGE: 20221026 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: 221334586 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 tm2229003-1_4seq1.xml OWNERSHIP DOCUMENT X0306 4 2022-10-24 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 2022-10-24 4 S 0 16250 3.6141 D 1607247 I Held by Idealab Studio, LLC Common Stock 2022-10-25 4 S 0 16250 3.7781 D 1590997 I Held by Idealab Studio, LLC Common Stock 1276355 I Held by Idealab Holdings, LLC Common Stock 4822950 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 $3.515 to $3.81. 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 $3.465 to $4.085. 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 2022-10-26