Wenjuan Mattis - 23 Jul 2022 Form 4 Insider Report for Microvast Holdings, Inc. (MVST)

Role
Chief Technology Officer (CTO)
Signature
/s/ Wenjuan Mattis
Issuer symbol
MVST
Transactions as of
23 Jul 2022
Transactions value $
$0
Form type
4
Filing time
29 Mar 2024, 17:35:37 UTC
Previous filing
26 Jul 2021
Next filing
23 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVST Common Stock Options Exercise $0 +143K +52.32% $0.00 416K 23 Jul 2022 Direct
transaction MVST Common Stock Options Exercise $0 +143K +34.35% $0.00 559K 23 Jul 2023 Direct

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
transaction MVST Capped Restricted Stock Units Options Exercise -143K -33.33% 286K 23 Jul 2022 Common Stock 143K $6.28 Direct F1, F2
transaction MVST Capped Restricted Stock Units Options Exercise -143K -50% 143K 23 Jul 2023 Common Stock 143K $6.28 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Capped restricted stock units convert into one share of the issuer's common stock in equal installments on the first, second and third anniversaries of July 23, 2021.
F2 Received in connection with the closing of the transactions contemplated by the Agreement and Plan of Merger by and between Tuscan Holdings Corp., TSCN Merger Sub Inc. and Microvast, Inc., dated February 1, 2021, in exchange for the right to receive 2,677 shares of common stock of Microvast, Inc. for $1,005.85 per share.