Pamela Swidler - Feb 21, 2023 Form 3 Insider Report for WeWork Inc. (WE)

Role
Exhibit 24 - Power of Attorney Chief Legal Officer, Chief Compliance Officer and Secretary
Signature
/s/ Pamela Swidler
Stock symbol
WE
Transactions as of
Feb 21, 2023
Transactions value $
$0
Form type
3
Date filed
2/28/2023, 10:47 AM
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WE Common Stock 21.1K Feb 21, 2023 Direct
holding WE Common Stock 6.2K Feb 21, 2023 Direct F1
holding WE Common Stock 13.8K Feb 21, 2023 Direct F2
holding WE Common Stock 33.3K Feb 21, 2023 Direct F3
holding WE Common Stock 7.18K Feb 21, 2023 Direct F4

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) Feb 21, 2023 Common Stock 3.1K $4.99 Direct F5
holding WE Stock Option (right to buy) Feb 21, 2023 Common Stock 3.18K $4.99 Direct F6
holding WE Stock Option (right to buy) Feb 21, 2023 Common Stock 547 $4.99 Direct F7
holding WE Stock Option (right to buy) Feb 21, 2023 Common Stock 8.76K $4.99 Direct F8
holding WE Stock Option (right to buy) Feb 21, 2023 Common Stock 19.8K $2.55 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents unvested restricted stock units ("RSUs") granted on January 26, 2021 that convert into common stock on a one-for-one basis. The RSUs will vest on January 26, 2024.
F2 Represents unvested RSUs granted on August 10, 2021 that convert into common stock on a one-for-one basis. The RSUs will vest in equal installments on July 15, 2023 and July 15, 2024.
F3 Represents unvested RSUs granted on March 22, 2022 that convert into common stock on a one-for-one basis. The RSUs will vest in equal installments on January 10, 2024 and January 10, 2025.
F4 Represents unvested RSUs granted on March 22, 2022 that convert into common stock on a one-for-one basis. The RSUs will vest in equal installments on January 10, 2024 and January 10, 2025; provided however, that if the Issuer achieves a certain earnings before interest, taxes, depreciation, and amortization ("EBITDA") milestone no later than December 31, 2023, all of the RSUs will vest on January 10, 2024.
F5 Represents outstanding, unexercised stock options to purchase common stock granted on August 4, 2016. The options are fully vested and exercisable.
F6 Represents outstanding, unexercised stock options to purchase common stock granted on January 18, 2017. The options are fully vested and exercisable.
F7 Represents outstanding, unexercised stock options to purchase common stock granted on June 12, 2018. The options are fully vested and exercisable.
F8 Represents outstanding, unexercised stock options to purchase common stock granted on March 29, 2019. 25% of the options are vested and exercisable, 15% of the remaining options vest on each of March 16, 2023, March 16, 2024 and March 16, 2025, and the remaining 30% of the options vest on March 16, 2026.
F9 Represents outstanding, unexercised portion of stock options to purchase common stock granted on June 18, 2020. The options are fully vested and exercisable.

Remarks:

Exhibit 24 - Power of Attorney Chief Legal Officer, Chief Compliance Officer and Secretary