Peter Greenspan - 16 May 2022 Form 4 Insider Report for WeWork Inc.

Reporting relationship: Global Head of Real Estate
Issuer ticker: N/A
Reported as of: 16 May 2022
Net transaction value: -$618,825
SEC form: 4
Accepted by SEC: 18 May 2022, 13:43:23 UTC
Prior SEC filing: 24 Mar 2022
Next SEC filing: 12 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Peter Greenspan, by Jarred DeMatteis as Attorney-in-Fact

Key filing fact

Peter Greenspan filed Form 4 for WeWork Inc. on 18 May 2022.

Key facts

This page summarizes Peter Greenspan's Form 4 filing for WeWork Inc..
22 reported transactions and 7 derivative rows are listed below.
Accepted by SEC: 18 May 2022, 13:43.

Change

Previous filing in this sequence was filed on 24 Mar 2022.
Current net transaction value: -$618,825.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WE transaction

Class A Common Stock

Options Exercise

Transaction value: $316,019
Shares: +123,929
Change %: +97%
Price: $2.55^*
Shares after: 251,451
Date: 16 May 2022
Ownership: Direct

WE transaction

Class A Common Stock

Sale

Transaction value: $827,846
Shares: -123,929
Change %: -49%
Price: $6.68^*
Shares after: 127,522
Date: 16 May 2022
Ownership: Direct
Footnotes: F1

WE transaction

Class A Common Stock

Options Exercise

Transaction value: $27,480
Shares: +5,507
Change %: +4.3%
Price: $4.99^*
Shares after: 133,029
Date: 16 May 2022
Ownership: Direct

WE transaction

Class A Common Stock

Sale

Transaction value: $36,787
Shares: -5,507
Change %: -4.1%
Price: $6.68^*
Shares after: 127,522
Date: 16 May 2022
Ownership: Direct
Footnotes: F2

WE transaction

Class A Common Stock

Options Exercise

Transaction value: $16,487
Shares: +3,304
Change %: +2.6%
Price: $4.99^*
Shares after: 130,826
Date: 16 May 2022
Ownership: Direct

WE transaction

Class A Common Stock

Sale

Transaction value: $22,071
Shares: -3,304
Change %: -2.5%
Price: $6.68^*
Shares after: 127,522
Date: 16 May 2022
Ownership: Direct
Footnotes: F3

WE transaction

Class A Common Stock

Options Exercise

Transaction value: $16,158
Shares: +3,238
Change %: +2.5%
Price: $4.99^*
Shares after: 130,760
Date: 16 May 2022
Ownership: Direct

WE transaction

Class A Common Stock

Sale

Transaction value: $21,630
Shares: -3,238
Change %: -2.5%
Price: $6.68^*
Shares after: 127,522
Date: 16 May 2022
Ownership: Direct
Footnotes: F4

WE transaction

Class A Common Stock

Options Exercise

Transaction value: $11,841
Shares: +2,373
Change %: +1.9%
Price: $4.99^*
Shares after: 129,895
Date: 16 May 2022
Ownership: Direct

WE transaction

Class A Common Stock

Sale

Transaction value: $15,852
Shares: -2,373
Change %: -1.8%
Price: $6.68^*
Shares after: 127,522
Date: 16 May 2022
Ownership: Direct
Footnotes: F5

WE transaction

Class A Common Stock

Options Exercise

Transaction value: $8,243
Shares: +1,652
Change %: +1.3%
Price: $4.99^*
Shares after: 129,174
Date: 16 May 2022
Ownership: Direct

WE transaction

Class A Common Stock

Sale

Transaction value: $11,035
Shares: -1,652
Change %: -1.3%
Price: $6.68^*
Shares after: 127,522
Date: 16 May 2022
Ownership: Direct
Footnotes: F6

WE transaction

Class A Common Stock

Options Exercise

Transaction value: $6,242
Shares: +1,251
Change %: +0.98%
Price: $4.99^*
Shares after: 128,773
Date: 16 May 2022
Ownership: Direct

WE transaction

Class A Common Stock

Sale

Transaction value: $8,357
Shares: -1,251
Change %: -0.97%
Price: $6.68^*
Shares after: 127,522
Date: 16 May 2022
Ownership: Direct
Footnotes: F7

WE transaction

Class A Common Stock

Sale

Transaction value: $77,719
Shares: -11,687
Change %: -9.2%
Price: $6.65^*
Shares after: 115,835
Date: 16 May 2022
Ownership: Direct
Footnotes: F8

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WE transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -123,929
Change %: -75%
Price: $0.000000
Shares after: 41,309
Date: 16 May 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 123,929
Exercise price: $2.55
Footnotes: F9

WE transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -5,507
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 16 May 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 5,507
Exercise price: $4.99
Footnotes: F10

WE transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -3,304
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 16 May 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 3,304
Exercise price: $4.99
Footnotes: F11

WE transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -3,238
Change %: -62%
Price: $0.000000
Shares after: 1,985
Date: 16 May 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 3,238
Exercise price: $4.99
Footnotes: F12

WE transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -2,373
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 16 May 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 2,373
Exercise price: $4.99
Footnotes: F13

WE transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -1,652
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 16 May 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,652
Exercise price: $4.99
Footnotes: F14

WE transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -1,251
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 16 May 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,251
Exercise price: $4.99
Footnotes: F15

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 15 footnotes

Footnote F1

Represents the weighted average sales price representing 123,929 shares sold at prices ranging from $6.51 to $6.97 per share. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.

Footnote F2

Represents the weighted average sales price representing 5,507 shares sold at prices ranging from $6.51 to $6.97 per share. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.

Footnote F3

Represents the weighted average sales price representing 3,304 shares sold at prices ranging from $6.51 to $6.97 per share. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.

Footnote F4

Represents the weighted average sales price representing 3,238 shares sold at prices ranging from $6.51 to $6.97 per share. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.

Footnote F5

Represents the weighted average sales price representing 2,373 shares sold at prices ranging from $6.51 to $6.97 per share. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.

Footnote F6

Represents the weighted average sales price representing 1,652 shares sold at prices ranging from $6.51 to $6.97 per share. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.

Footnote F7

Represents the weighted average sales price representing 1,251 shares sold at prices ranging from $6.51 to $6.97 per share. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.

Footnote F8

Represents the weighted average sales price representing 11,687 shares sold at prices ranging from $6.64 to $6.70 per share. The reporting person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer the number of shares sold at each price within the price range upon request.

Footnote F9

One-third of the option vested and became exercisable on January 15, 2021, after which 1/12 of the option vested on each of April 15, 2021, July 15, 2021, October 15, 2021, January 15, 2022 and April 15, 2022. 1/12 of the remainder of the option vests on each of July 15, 2022, October 15, 2022 and January 15, 2023.

Footnote F10

Options were fully vested and exercisable as of January 18, 2022.

Footnote F11

Options were fully vested and exercisable as of February 3, 2021.

Footnote F12

Three-sevenths of the option was fully vested and exercisable as of January 1, 2021, after which 1/84 of the option vests on the first of each month through January 1, 2025.

Footnote F13

Options were fully vested and exercisable as of January 1, 2020.

Footnote F14

Options were fully vested and exercisable as of March 9, 2022.

Footnote F15

Options were fully vested and exercisable as of January 1, 2021.