Barry Schaeffer - Apr 1, 2022 Form 4 Insider Report for Latch, Inc. (LTCH)

Role
Interim CFO and Treasurer
Signature
/s/ Priyen Patel
Stock symbol
LTCH
Transactions as of
Apr 1, 2022
Transactions value $
-$14,024
Form type
4
Date filed
4/5/2022, 09:53 PM
Previous filing
Apr 5, 2022
Next filing
May 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTCH Common Stock Tax liability -$11.2K -2.68K -1.87% $4.18* 141K Apr 1, 2022 Direct F1, F2
transaction LTCH Common Stock Tax liability -$2.8K -671 -0.48% $4.18* 140K Apr 1, 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 6,549 restricted stock units ("RSUs") granted to the reporting person on February 22, 2022. The reporting person sold no shares to satisfy this tax liability.
F2 Includes 135,534 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 1,637 RSUs granted to the reporting person on March 14, 2022. The reporting person sold no shares to satisfy this tax liability.