Patrick Archambault - 08 Feb 2022 Form 4 Insider Report for CITIC Capital Acquisition Corp.

Reporting relationship: Chief Financial Officer
Issuer ticker: N/A
Reported as of: 08 Feb 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 10 Feb 2022, 20:20:28 UTC
Next SEC filing: 23 May 2022
Source filing: View source filing
Reporting owner signature: /s/ Jerry Allison (Attorney-in-Fact)

Key filing fact

Patrick Archambault filed Form 4 for CITIC Capital Acquisition Corp. on 10 Feb 2022.

Key facts

This page summarizes Patrick Archambault's Form 4 filing for CITIC Capital Acquisition Corp..
6 reported transactions and 6 derivative rows are listed below.
Accepted by SEC: 10 Feb 2022, 20:20.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

QNGYQ transaction Derivative

Stock Option (right to buy)

Award

Transaction value
Shares: +46,558
Change %
Price
Shares after: 46,558
Date: 08 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 46,558
Exercise price: $7.67
Footnotes: F1, F2, F3

QNGYQ transaction Derivative

Stock Option (right to buy)

Award

Transaction value
Shares: +155,197
Change %
Price
Shares after: 155,197
Date: 08 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 155,197
Exercise price: $12.74
Footnotes: F1, F4, F5

QNGYQ transaction Derivative

Stock Option (right to buy)

Award

Transaction value
Shares: +31,038
Change %
Price
Shares after: 31,038
Date: 08 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 31,038
Exercise price: $12.74
Footnotes: F1, F6, F7

QNGYQ transaction Derivative

Restricted Stock Unit

Award

Transaction value: $0
Shares: +9,765
Change %
Price: $0.000000
Shares after: 9,765
Date: 08 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 9,765
Exercise price
Footnotes: F1, F8, F9, F11

QNGYQ transaction Derivative

Restricted Stock Unit

Award

Transaction value: $0
Shares: +146,479
Change %
Price: $0.000000
Shares after: 146,479
Date: 08 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 146,479
Exercise price
Footnotes: F1, F8, F10, F12

QNGYQ transaction Derivative

Restricted Stock Unit

Award

Transaction value: $0
Shares: +656,789
Change %
Price: $0.000000
Shares after: 656,789
Date: 08 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 656,789
Exercise price
Footnotes: F1, F8, F10, F12

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 12 footnotes

Footnote F1

Received pursuant the Agreement and Plan of Merger, dated as of June 21, 2021, as amended, by and among CITIC Capital Acquisition Corp. ("CCAC"), CITIC Capital Merger Sub Inc. ("Merger Sub") and Quanergy Systems, Inc., a Delaware corporation ("Legacy Quanergy") pursuant to which Merger Sub merged with and into Legacy Quanergy (the "Business Combination"), whereupon the separate existence of Merger Sub ceased and Legacy Quanergy was the surviving company and wholly owned subsidiary of CCAC which subsequently changed its name to Quanergy Systems, Inc. (the "Issuer").

Footnote F2

One fourth (1/4) of the total number of shares to vest on the first anniversary of the Vesting Calculation Date. Thereafter, shares vest at the rate of one forty-eighth (1/48) per calendar month on the last day of each of the thirty-five (35) months following the month of the first anniversary of the Vesting Calculation Date and the final one forty-eighth (1/48) shall vest on the fourth anniversary of the Vesting Calculation Date. All vesting ceases upon separation from service.

Footnote F3

Received in connection with Business Combination in exchange for option to acquire 12,000 shares of common stock of Legacy Quanergy for $29. 74 per share.

Footnote F4

The shares shall vest in a series of forty-eight (48) successive equal monthly installments each month from the Vesting Calculation Date, such that the shares will be fully vested on the four (4) year anniversary of the Vesting Calculation Date. All vesting ceases upon termination of service.

Footnote F5

Received in connection with Business Combination in exchange for option to acquire 40,000 shares of common stock of Legacy Quanergy for $49.43 per share.

Footnote F6

Footnote F7

Received in connection with Business Combination in exchange for option to acquire 8,000 shares of common stock of Legacy Quanergy for $49.43 per share.

Footnote F8

Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

Footnote F9

Fully vested.

Footnote F10

One-twelfth (I/12th) vests quarterly from November 2, 2020 provided Participant has not terminated Service on each applicable date (February 15, May 15, August 15, and November 15).

Footnote F11

In connection with Business Combination, this Legacy Quanergy's outstanding RSU award was converted into an RSU award denominated in shares of Issuer's common stock. The Restricted Stock Award is fully vested.

Footnote F12

In connection with Business Combination, this Legacy Quanergy's outstanding RSU award was converted into an RSU award denominated in shares of Issuer's common stock. The unvested portion of the outstanding RSU award will continue to vest as described in footnote 10 subject to the reporting person's continued service with the Issuer through the applicable vesting date.