Lux Ventures IV, L.P. - Jun 4, 2021 Form 3 Insider Report for Latch, Inc. (LTCH)

Role
10%+ Owner
Signature
Lux Ventures IV, L.P., By: Lux Venture Partners IV, LLC, its general partner, By: /s/ Peter Hebert, Name: Peter Herbert, Title: Manager
Stock symbol
LTCH
Transactions as of
Jun 4, 2021
Transactions value $
$0
Form type
3
Date filed
6/8/2021, 06:49 PM
Next filing
Oct 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LTCH Common Stock 9.64M Jun 4, 2021 By Lux Ventures IV, L.P. F1, F2
holding LTCH Common Stock 5.44M Jun 4, 2021 By Lux Co-Invest Opportunities, L.P. F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the business combination of TS Innovation Acquisitions Corp. and Latch, Inc. ("Legacy Latch"), each share of Legacy Latch outstanding common and preferred stock and each outstanding convertible note was automatically converted into the right to receive shares of the Issuer's Common Stock based on a 1-to-0.8971 conversion ratio.
F2 Lux Venture Partners IV, LLC is the general partner of Lux Ventures IV, L.P. and exercises voting and dispositive power over the shares held by Lux Ventures IV, L.P. Lux Co-Invest Partners, LLC is the general partner of Lux Co-Invest Opportunities, L.P. and exercises voting and dispositive power over the shares held by Lux Co-Invest Opportunities, L.P. Peter Hebert and Josh Wolfe are the sole managers of Lux Venture Partners IV, LLC and Lux Co-Invest Partners, LLC and may be deemed to share voting and dispositive power for the shares held by each of Lux Ventures IV, L.P. and Lux Co-Invest Opportunities, L.P. Each of Lux Venture Partners IV, LLC, Lux Co-Invest Partners, LLC, Peter Hebert and Josh Wolfe disclaim beneficial ownership over the shares reported herein except to the extent of their pecuniary interest therein.