April 22, 2024 · Form 4 insider transaction
Gannon Chris M bought 1,000,000 shares of 374WATER INC at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 499 days after the transaction.
The Restricted Stock Units (the "2024 RSUs") 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"). 250,000 of the shares subject to the 2024 RSUs vested on April 22, 2025, and the remaining 750,000 shares vest 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. As of September 2, 2025, 333,333 shares subject to the 2024 RSUs were vested, and 666,667 shares are unvested.; On May 1, 2024, the Reporting Person inadvertently filed a Form 3 that reported the RSUs. This filing serves to disclose the RSUs on a Form 4.