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Filing Details

Accession Number:: 0001104659-24-097891
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-09-06 21:30:26
Reporting Period:: 2024-09-03

Accepted Time:: 2024-09-06 21:30:26
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1845437	Net Power Inc.	NPWR	Electrical Industrial Apparatus (3620)	981580612

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1981772	Npeh, Llc	406 Blackwell Street, 4Th Floor Durham NC 27701		No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2024-09-03	500,000	$0.00	500,000	No	4	C	Direct
Class B Common Stock	Disposition	2024-09-03	500,000	$0.00	29,505,300	No	4	J	Direct
Class A Common Stock	Disposition	2024-09-04	83,325	$8.10	416,675	No	4	S	Direct
Class A Common Stock	Disposition	2024-09-05	160,521	$7.94	256,154	No	4	S	Direct
Class A Common Stock	Disposition	2024-09-06	66,825	$7.88	189,329	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	C	Direct
No	4	J	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class A Units of NET Power Operations LLC	Disposition	2024-09-03	500,000	$0.00	500,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
29,505,300			No	4	C	Direct

Footnotes

The Class A Units of NET Power Operations LLC are exchangeable into shares of the Issuer's Class A Common Stock or, at the Issuer's election, cash, on a one-for-one basis and have no expiration date. On September 3, 2024, the Reporting Person exchanged 500,000 Class A Units of NET Power Operations LLC for 500,000 shares of the Issuer's Class A Common Stock.
For each Class A Unit of Net Power Operations LLC, the Reporting Person owns a corresponding share of Class B Common Stock of the Issuer. Upon the exchange of 500,000 Class A Units of Net Power Operations LLC, an equal number of shares of Class B Common Stock of the Issuer held by the Reporting Person, which have no economic value, were cancelled.
The price reported reflects the weighted average sales price. The shares of Class A Common Stock were sold in multiple trades at prices ranging from $7.97 to $8.20. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
The price reported reflects the weighted average sales price. The shares of Class A Common Stock were sold in multiple trades at prices ranging from $7.86 to $8.05. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
The price reported reflects the weighted average sales price. The shares of Class A Common Stock were sold in multiple trades at prices ranging from $7.77 to $7.96. The Reporting Person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.