Junji Nakamura - 01 Apr 2022 Form 4 Insider Report for Latch, Inc. (LTCH)

Role
Chief Accounting Officer
Signature
/s/ Priyen Patel
Issuer symbol
LTCH
Transactions as of
01 Apr 2022
Net transactions value
-$17,222
Form type
4
Filing time
05 Apr 2022, 21:51:50 UTC
Previous filing
05 Apr 2022
Next filing
19 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTCH Common Stock Tax liability $6,554 -1,568 -1% $4.18* 151,748 01 Apr 2022 Direct F1, F2
transaction LTCH Common Stock Tax liability $10,667 -2,552 -1.7% $4.18* 149,196 01 Apr 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability based upon the vesting of 3,790 restricted stock units ("RSUs") granted to the reporting person on August 9, 2021. The reporting person sold no shares to satisfy this tax liability.
F2 Includes 106,153 RSUs that remain unvested as of the date hereof.
F3 Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability based upon the vesting of 6,549 RSUs granted to the reporting person on February 22, 2022. The reporting person sold no shares to satisfy this tax liability.