0001654954-24-006781.txt : 20240522 0001654954-24-006781.hdr.sgml : 20240522 20240522160717 ACCESSION NUMBER: 0001654954-24-006781 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240516 FILED AS OF DATE: 20240522 DATE AS OF CHANGE: 20240522 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Meyers Brad Ian CENTRAL INDEX KEY: 0002000149 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41420 FILM NUMBER: 24973278 MAIL ADDRESS: STREET 1: 2505 FOREST RUN DR. CITY: MELBOURNE STATE: FL ZIP: 32935 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: 374Water Inc. CENTRAL INDEX KEY: 0000933972 STANDARD INDUSTRIAL CLASSIFICATION: MOTORS & GENERATORS [3621] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 880271109 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 701 W. MAIN STREET STREET 2: SUITE 410 CITY: DURHAM STATE: NC ZIP: 27701 BUSINESS PHONE: 919-888-8194 MAIL ADDRESS: STREET 1: 3710 SHANNON RD #51877 STREET 2: SUITE 410 CITY: DURHAM STATE: NC ZIP: 27717 FORMER COMPANY: FORMER CONFORMED NAME: POWERVERDE, INC. DATE OF NAME CHANGE: 20080820 FORMER COMPANY: FORMER CONFORMED NAME: VYREX CORP DATE OF NAME CHANGE: 19951206 4 1 section16.xml FORM 4 X0508 4 2024-05-16 0000933972 374Water Inc. SCWO 0002000149 Meyers Brad Ian C/O 374WATER INC. 701 W. MAIN STREET, SUITE 410 DURHAM NC 27701 true Chief Operating Officer false Restricted Stock Units 0 2024-05-16 4 A false 231000 0 A Common Stock, $0.001 par value 231000 231000 D Option to Purchase Common Stock 1.30 2024-05-16 4 A false 231000 0 A 2034-05-16 Common Stock, $0.001 par value 231000 231000 D The Restricted Stock Units (the "RSUs") and Option to Purchase Common Stock (the "Options) reported herein were granted to the Reporting Person on May 16, 2024 (the "Effective Date") pursuant to his Employment Agreement (the "Employment Agreement"). Under the Employment Agreement and subject to the terms of the Issuer's 2021 Equity Incentive Plan (the "Plan"), the Reporting Person was granted up to 231,000 RSUs under the Plan, vesting as follows: (a) with respect to 115,500 RSUs, 25% shall vest on the first anniversary of the Effective Date (as defined in the Employment Agreement), and the remaining 75% shall vest in equal increments over the following 36 months; and (b) with respect to the remaining 115,500 RSUs, each shall vest in accordance with the Company milestones set forth by the Issuer. Under the Employment Agreement and subject to the terms of the Plan, the Reporting Person was granted up to 231,000 Options under the Plan, vesting as follows: (a) with respect to 115,500 Options, 25% shall vest on the first anniversary of the Effective Date, and the remaining 75% shall vest in equal increments over the following 36 months; and (b) with respect to the remaining 115,500 Options, each shall vest in accordance with the Company milestones set forth by the Issuer. /s/ Brad Ian Meyers 2024-05-22