Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TMPO | Common Stock | Award | +291K | 291K | Nov 22, 2022 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TMPO | Stock Option | Award | +44.1K | 44.1K | Nov 22, 2022 | Common Stock | 44.1K | $5.52 | Direct | F1, F3 | |||
transaction | TMPO | Stock Option | Award | +132K | 132K | Nov 22, 2022 | Common Stock | 132K | $5.52 | Direct | F1, F4 | |||
transaction | TMPO | Stock Option | Award | +47K | 47K | Nov 22, 2022 | Common Stock | 47K | $8.86 | Direct | F1, F5 |
Id | Content |
---|---|
F1 | Pursuant to the business combination of ACE Convergence Acquisition Corp. and Tempo Automation, Inc. ("Legacy Tempo"), as contemplated by an agreement and plan of merger, dated August 12, 2022 and as amended on September 7, 2022 and September 23, 2022 (amended, the "Merger Agreement"), each share of common stock, stock option and award of restricted stock unit of Legacy Tempo was cancelled and automatically converted into the right to receive securities of the Issuer with the same terms and conditions in accordance with an exchange ratio described in the Merger Agreement. |
F2 | Includes 255,790 restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and does not expire. |
F3 | The stock option is fully vested and exercisable. |
F4 | The stock option vests and is exercisable as to 25% of the underlying shares on July 13, 2021, and as to the remaining underlying shares in 36 substantially equal monthly installments thereafter. |
F5 | The stock option vests and is exercisable as to 25% of the underlying shares on July 2, 2022, and as to the remaining underlying shares in 36 substantially equal monthly installments thereafter. |