Xiangwei Weng - 15 Nov 2021 Form 4 Insider Report for Winc, Inc.

Role
Director
Signature
/s/ Matthew Thelen, as attorney-in-fact for Xiangwei Weng
Issuer symbol
N/A
Transactions as of
15 Nov 2021
Net transactions value
$0
Form type
4
Filing time
17 Nov 2021, 17:47:43 UTC
Previous filing
26 Oct 2021
Next filing
01 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WBEVQ Common Stock Conversion of derivative security +429,390 429,390 15 Nov 2021 See footnote F1, F2
transaction WBEVQ Common Stock Conversion of derivative security +429,390 429,390 15 Nov 2021 See footnote F1, F3
transaction WBEVQ Common Stock Conversion of derivative security +149,379 149,379 15 Nov 2021 See footnote F1, 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
transaction WBEVQ Series B Preferred Stock Conversion of derivative security -429,390 -100% 0 15 Nov 2021 Common Stock 429,390 See footnote F1, F2
transaction WBEVQ Series B Preferred Stock Conversion of derivative security -429,390 -100% 0 15 Nov 2021 Common Stock 429,390 See footnote F1, F3
transaction WBEVQ Series B-1 Preferred Stock Conversion of derivative security -149,379 -100% 0 15 Nov 2021 Common Stock 149,379 See footnote F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series B Preferred Stock and Series B-1 Preferred Stock converted automatically into one share of Common Stock upon the closing of the Issuer's initial public offering. These shares had no expiration date.
F2 Represents securities held of record by Dreamer Pathway Limited (BVI). The Reporting Person may be deemed to have voting and investment power with respect to the shares beneficially owned by Dreamer Pathway Limited (BVI).
F3 Represents securities held of record by Shiningwine Limited (BVI). The Reporting Person may be deemed to have voting and dispositive power with respect to the shares beneficially owned by Shiningwine Limited (BVI).
F4 Represents securities held of record by Dream Catcher Investments. The Reporting Person may be deemed to have voting and dispositive power with respect to the shares beneficially owned by Dream Catcher Investments.

Remarks:

The shares of preferred stock reported herein were inadvertently omitted from the reporting person's Form 3.