Enzo Signore - 08 Feb 2022 Form 4 Insider Report for CITIC Capital Acquisition Corp.

Role
Chief Marketing Officer
Signature
/s/ Jerry Allison (Attorney-in-Fact)
Issuer symbol
N/A
Transactions as of
08 Feb 2022
Net transactions value
$0
Form type
4
Filing time
10 Feb 2022, 20:21:07 UTC
Next filing
23 May 2022
SEC
View on sec.gov

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 QNGYQ Stock Option (right to buy) Award +155,196 155,196 08 Feb 2022 Common Stock 155,196 $12.74 Direct F1, F2, F3
transaction QNGYQ Restricted Stock Unit Award $0 +10,479 $0.000000 10,479 08 Feb 2022 Common Stock 10,479 Direct F1, F4, F5, F7
transaction QNGYQ Restricted Stock Unit Award $0 +157,199 $0.000000 157,199 08 Feb 2022 Common Stock 157,199 Direct F1, F4, F6, F8
transaction QNGYQ Restricted Stock Award Award $0 +1,012 $0.000000 1,012 08 Feb 2022 Common Stock 1,012 Direct F1, F4, F5, F7
transaction QNGYQ Restricted Stock Unit Award $0 +334,501 $0.000000 334,501 08 Feb 2022 Common Stock 334,501 Direct F1, F4, F6, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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").
F2 One fourth (1/4) of the total number of shares to vest on the first anniversary of July 16, 2019 (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.
F3 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.
F4 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F5 Fully vested.
F6 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).
F7 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 RSU award is fully vested.
F8 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 6 subject to the reporting person's continued service with the Issuer through the applicable vesting date.