Jim DiSanto - Feb 8, 2022 Form 4 Insider Report for CITIC Capital Acquisition Corp. (QNGYQ)

Role
Director
Signature
/s/ Jerry Allison
Stock symbol
QNGYQ
Transactions as of
Feb 8, 2022
Transactions value $
$0
Form type
4
Date filed
2/10/2022, 08:21 PM
Next filing
Mar 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNGYQ Common Stock Award +384K 384K Feb 8, 2022 See footnote F1, F2
transaction QNGYQ Common Stock Award +697K 697K Feb 8, 2022 See footnote. F1, F3
transaction QNGYQ Common Stock Award +337K 337K Feb 8, 2022 See footnote. F1, F4
transaction QNGYQ Common Stock Award +532K 532K Feb 8, 2022 See footnote. F1, F5

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 Restricted Stock Units Award $0 +57.6K $0.00 57.6K Feb 8, 2022 Common Stock 57.6K Direct F6, F7, 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 Shares are held directly by Motus-VGO Autonomous IOT Fund, L.P. Motus-VGO Autonomous IOT Fund, L.P. is managed by Motus-VGO GP LLC and Motus-VGO GP LLC is controlled by Mr. DiSanto. Accordingly, Mr. DiSanto may be deemed to be a beneficial owner of the shares held by Motus-VGO Autonomous IOT Fund, L.P.
F3 Shares are held directly by Transportation Technology Ventures II, L.P. Transportation Technology Ventures II, L.P. is managed by Transportation Technology Ventures LLC and Transportation Technology Ventures LLC is controlled by Mr. DiSanto. Accordingly, Mr. DiSanto may be deemed to be a beneficial owner of the shares held by Transportation Technology Ventures II, L.P.
F4 Shares are held directly by Transportation Technology Ventures LLC and Transportation Technology Ventures LLC is controlled by Mr. DiSanto. Accordingly, Mr. DiSanto may be deemed to be a beneficial owner of the shares held by Transportation Technology Ventures LLC.
F5 Shares are held directly by Transportation Technology Ventures V, L.P. Transportation Technology Ventures V, L.P. is managed by Transportation Technology Ventures LLC and Transportation Technology Ventures LLC is controlled by Mr. DiSanto. Accordingly, Mr. DiSanto may be deemed to be a beneficial owner of the shares held by Transportation Technology Ventures V, L.P.
F6 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F7 One-twelfth (1/12th) 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).
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 7 subject to the reporting person's continued service with the Issuer through the applicable vesting date.