Tianyue Yu - 08 Feb 2022 Form 4 Insider Report for CITIC Capital Acquisition Corp.

Role
Chief Development Officer, 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, 20:47:02 UTC
Next filing
03 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QNGYQ Common Stock Award +168,867 168,867 08 Feb 2022 Direct F1
transaction QNGYQ Common Stock Award +2,479,801 2,479,801 08 Feb 2022 See footnote. F1, F2
transaction QNGYQ Common Stock Award +484,993 484,993 08 Feb 2022 See footnote. F1, F3
transaction QNGYQ Common Stock Award +484,993 484,993 08 Feb 2022 See footnote. F1, F4

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 Unit Award $0 +157,199 $0.000000 157,199 08 Feb 2022 Common Stock 157,199 Direct F1, F5, F7, F9
transaction QNGYQ Restricted Stock Unit Award $0 +10,479 $0.000000 10,479 08 Feb 2022 Common Stock 10,479 Direct F1, F5, F6, F8
transaction QNGYQ Stock Option (right to buy) Award +196,422 196,422 08 Feb 2022 Common Stock 196,422 $0.8200 Direct F1, F6, F10
* 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 The shares are held by the Yang Yu Trust, a trust for the benefit of the reporting person's family. The reporting person serves as Trustee of the trust.
F3 The shares are held by the YAD10 Trust, Weilai Yang and Yu Cheung, as Trustees, for the benefit of the reporting person's family.
F4 The shares are held by the YYJK28 Trust, Weilai Yang and Yu Cheung Ho as Trustees for the benefit of the reporting person's family.
F5 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F6 Fully vested.
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. This RSU award is fully vested..
F9 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.
F10 Received in connection with Business Combination in exchange for option to acquire 50,625 shares of common stock of Legacy Quanergy for $3.16 per share.