Wenjuan Mattis - 23 Jul 2024 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 2024
Transactions value $
$0
Form type
4
Filing time
21 Nov 2024, 19:10:43 UTC
Previous filing
23 Mar 2023
Next filing
27 Jan 2025
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 +25.57% $0.00 703K 23 Jul 2024 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 -100% 0 23 Jul 2024 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.