DD Global Holdings Ltd - 10 Dec 2021 Form 4 Insider Report for Canoo Inc. (GOEVQ)

Role: 10%+ Owner
Signature: Pak Tam Li, Director of DD Global Holdings Limited, by /s/ Michael Fielkow, Attorney-in-Fact
Issuer symbol: GOEVQ
Transactions as of: 10 Dec 2021
Net transactions value: -$13,992,000
Form type: 4
Filing time: 14 Dec 2021, 16:24:58 UTC
Previous filing: 22 Nov 2021
Next filing: 16 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GOEV	Common Stock	Exercise of in-the-money or at-the-money derivative security	$13,992,000	-2,400,000	-8.9%	$5.83^*	24,625,801	10 Dec 2021	Direct	F1
holding	GOEV	Common Stock						17,189,210	10 Dec 2021	Direct	F2

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	GOEV	Option (Obligation to Sell)	Exercise of in-the-money or at-the-money derivative security	$0	-2,400,000	-100%	$0.000000^*	0	10 Dec 2021	Common Stock	2,400,000	$5.83	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares are held directly by DD Global Holdings Limited ("DD Global"). DD Global is wholly owned by Champ Key Limited ("Champ Key"). Champ Key is wholly owned by DE Capital Limited ("DE Capital"). DE Capital is wholly owned by Pak Tam Li ("Mr. Li"). Mr. Li may be deemed to hold sole voting and dispositive control over the shares held by DD Global.
F2	Shares are held directly by Champ Key. In accordance with footnote 1 above, Mr. Li may be deemed to hold sole voting and dispositive control over the shares held by Champ Key.