Harry Quarls - Nov 14, 2023 Form 4 Insider Report for ESS Tech, Inc. (GWH)

Role: Director
Signature: /s/ Kelly F. Goodman, by power of attorney
Stock symbol: GWH
Transactions as of: Nov 14, 2023
Transactions value $: $102,295
Form type: 4
Date filed: 11/14/2023, 05:27 PM
Previous filing: Nov 13, 2023
Next filing: Nov 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GWH	Common Stock	Purchase	$102K	+80.6K	+47.32%	$1.27	251K	Nov 14, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.19 to $1.33, inclusive. The reporting person undertakes to provide to 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 purchased at each separate price.
F2	A portion of the reported shares are represented by restricted stock units, or RSUs, which vest as to 1/3 of the RSUs on the one year anniversary of the date of grant and 1/3 of the RSUs shall vest in annually thereafter, provided that the Reporting Person remains a Service Provider to the issuer on each such vest date.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.19 to $1.33, inclusive. The reporting person undertakes to provide to 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 purchased at each separate price.

A portion of the reported shares are represented by restricted stock units, or RSUs, which vest as to 1/3 of the RSUs on the one year anniversary of the date of grant and 1/3 of the RSUs shall vest in annually thereafter, provided that the Reporting Person remains a Service Provider to the issuer on each such vest date.