Xiangwei Weng - Jun 9, 2022 Form 4 Insider Report for Winc, Inc. (WBEVQ)

Role
Director
Signature
/s/ Matthew Thelen, as attorney-in-fact for Xiangwei Weng
Stock symbol
WBEVQ
Transactions as of
Jun 9, 2022
Transactions value $
$0
Form type
4
Date filed
6/13/2022, 09:44 PM
Previous filing
Dec 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WBEVQ Common Stock Award $0 +69.1K +539.19% $0.00 81.9K Jun 9, 2022 Direct F1
holding WBEVQ Common Stock 429K Jun 9, 2022 See footnote F2
holding WBEVQ Common Stock 429K Jun 9, 2022 See footnote F3
holding WBEVQ Common Stock 149K Jun 9, 2022 See footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of Restricted Stock Units (RSUs), which vests in full on the earlier to occur of (i) the one-year anniversary of the grant date and (ii) the date of the Issuer's next annual meeting of stockholders following the grant date, subject to continued service through the applicable vesting date. The RSUs will be settled in shares of the Issuer's common stock upon vesting.
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.