Karen C. Francis - 08 Feb 2022 Form 4 Insider Report for CITIC Capital Acquisition Corp.

Role
Director
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, 20:24:00 UTC
Previous filing
04 Jan 2022
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 Restricted Stock Units Award $0 +60,620 $0.000000 60,620 08 Feb 2022 Common Stock 60,620 Direct F1, F2, F3, F4
transaction QNGYQ Stock Option (right to buy) Award +30,310 30,310 08 Feb 2022 Common Stock 30,310 $12.74 Direct F1, F5, F6
transaction QNGYQ Stock Option (right to buy) Award +24,249 24,249 08 Feb 2022 Common Stock 24,249 $12.74 Direct F1, F5, F7
transaction QNGYQ Stock Option (right to buy) Award +6,060 6,060 09 Oct 2028 Common Stock 6,060 $12.74 Direct F1, F5, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F2 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").
F3 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).
F4 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 3 subject to the reporting person's continued service with the Issuer through the applicable vesting date.
F5 Fully vested.
F6 Received in connection with Business Combination in exchange for an option to acquire 7,812 shares of common stock of Legacy Quanergy for $49.23 per share.
F7 Received in connection with Business Combination in exchange for an option to acquire 6,250 shares of common stock of Legacy Quanergy for $49.23 per share.
F8 Received in connection with Business Combination in exchange for an option to acquire 1,562 shares of common stock of Legacy Quanergy for $49.23 per share.