| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | SCWO | Restricted Stock Units | Apr 22, 2024 | Common Stock, $0.001 par value | 2,250,000 | $0.00 | Direct | F1, F2 | ||||||
| holding | SCWO | Option to Purchase Common Stock | Apr 22, 2024 | Common Stock, $0.001 par value | 5,250,000 | $1.25 | Direct | F1, F3 |
| Id | Content |
|---|---|
| F1 | The Restricted Stock Units (the "RSUs") and Option to Purchase Common Stock reported herein were granted to the Reporting Person on April 22, 2024 pursuant to his Employment Agreement (the "Employment Agreement"), dated as of April 19, 2024 and effective as of April 22, 2024 (the "Effective Date"). |
| F2 | 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 2,250,000 RSUs under the Plan, vesting as follows: (a) 250,000, on the first annual anniversary of the Effective Date; (b) 750,000, in equal increments on the last day of every month thereafter over the following 36 months, subject to the Reporting Person's continued employment with the Issuer on each vesting date; and (c) 1,250,000, pursuant to certain milestones set forth by the Issuer. |
| F3 | The Option to Purchase Common Stock vest as follows: (a) 625,000, on the first annual anniversary of the Effective Date; (b) 1,875,000, in equal installments on the last day of every month thereafter over the following 36 months subject to the Reporting Person's continued employment with the Issuer on each vesting date; and (c) 2,750,000, pursuant to certain milestones set forth by the Issuer. |