Susan Catalano - Jan 27, 2022 Form 3 Insider Report for WeWork Inc. (WE)

Signature
/s/ Susan Catalano, by Jared DeMatteis as Attorney-in-Fact
Stock symbol
WE
Transactions as of
Jan 27, 2022
Transactions value $
$0
Form type
3
Date filed
2/4/2022, 03:33 PM
Next filing
Mar 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WE Common Stock 21.3K Jan 27, 2022 Direct
holding WE Common Stock 751 Jan 27, 2022 Direct F1
holding WE Common Stock 12.4K Jan 27, 2022 Direct F2
holding WE Common Stock 20.7K Jan 27, 2022 Direct F3
holding WE Common Stock 275 Jan 27, 2022 By son F4, F5
holding WE Common Stock 250 Jan 27, 2022 By son F5, F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding WE Stock Option (right to buy) Jan 27, 2022 Common Stock 8.26K $2.55 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents outstanding unvested portion of 4,506 restricted stock units ("RSUs") granted on November 19, 2019. One third of the RSUs vested on July 15, 2020, after which 1/12 of the RSUs have vested or will vest on each October 15, January 15, April 15 and July 15 through July 15 2022.
F2 Represents outstanding unvested portion of 18,589 RSUs granted on January 26, 2021. One third of the RSUs vested on January 26, 2022, after which one third of the RSUs will vest on each of January 26, 2023 and January 26, 2024.
F3 Represents outstanding unvested portion of 41,309 RSUs granted on August 10, 2021. One half of the RSUs vested on January 15, 2022, after which the second half of the RSUs will vest on January 15, 2023.
F4 Represents outstanding unvested portion of 413 RSUs granted on January 26, 2021. One third of the RSUs vested on January 26, 2022, after which one third of the RSUs will vest on each of January 26, 2023 and January 26, 2024.
F5 Represents RSUs held by the Reporting Person's son who currently shares the Reporting Person's household. The Reporting Person disclaims beneficial ownership of the securities held by her son, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of the securities held by her son for purposes of Section 16 or for any other purpose.
F6 All of the RSUs will vest on October 20, 2022.
F7 Represents outstanding unexercised portion of option to purchase 19,828 shares of common stock granted on February 10, 2020. One third of the option vested and became exercisable on January 15, 2021, after which 1/12 of the option has vested or will vest on each April 15, July 15, October 15 and January 15 through January 15, 2023.

Remarks:

Exhibit 24 - Power of Authority