Stuart Huizinga - 10 Feb 2023 Form 4 Insider Report for Movella Holdings Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
13 Feb 2023, 16:50:41 UTC
Prior SEC filing
02 Nov 2022
Next SEC filing
04 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: /s/ Dennis Calderon, Attorney-in-fact for Stuart Huizinga

Key filing fact

Stuart Huizinga filed Form 4 for Movella Holdings Inc. on 13 Feb 2023.

Key facts

  • This page summarizes Stuart Huizinga's Form 4 filing for Movella Holdings Inc..
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 13 Feb 2023, 16:50.

Change

  • Previous filing in this sequence was filed on 02 Nov 2022.
  • Current net transaction value: $0.

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 derivative securities

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

MVLA transaction Derivative

Stock Option

Award

Transaction value
Shares
+97,747
Change %
Price
Shares after
97,747
Date
10 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
97,747
Exercise price
$3.24
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Reflects securities acquired pursuant to the terms of the Business Combination Agreement, dated as of October 3, 2022 (the "Business Combination Agreement"), entered into by and among Pathfinder Acquisition Corporation (which subsequently changed its name to "Movella Holdings Inc.", the "Issuer"), Motion Merger Sub, Inc. and Movella Inc., pursuant to which the Issuer acquired Movella Inc. (the "Business Combination"). Pursuant to the terms of the Business Combination Agreement, each share of Movella Inc. common stock outstanding and each Movella Inc. option outstanding immediately prior to the closing of the Business Combination was entitled to receive 0.4887409556 shares of Issuer common stock or option, respectively. The Business Combination closed on February 10, 2023 (the "Closing Date").

Footnote F2

Option vests over four years with 25% of the award vesting on October 25, 2021, and 1/48th of the shares vesting on each monthly anniversary thereafter, subject to the reporting person's continued service with the Issuer through the applicable vesting date. Option is subject to double-trigger acceleration such that 50% of the unvested portion of the option shall vest upon the holder's involuntary termination for reasons other than cause within the 12 months following a deemed liquidation event.

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