Peter Greenspan - Mar 22, 2022 Form 4 Insider Report for WeWork Inc. (WE)

Role: Global Head of Real Estate
Signature: /s/ Peter Greenspan, by Jared DeMatteis as Attorney-in-Fact
Stock symbol: WE
Transactions as of: Mar 22, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/24/2022, 04:58 PM
Previous filing: Oct 22, 2021
Next filing: May 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WE	Common Stock	Award	$0	+75K	+641.74%	$0.00	86.7K	Mar 22, 2022	Direct	F1
transaction	WE	Common Stock	Award	$0	+40.8K	+47.11%	$0.00	128K	Mar 22, 2022	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents the award of time-based restricted stock units ("RSUs") that convert into common stock on a one-for-one basis. One third of the RSUs will vest on each of January 10, 2023, January 10, 2024, and January 10, 2025.
F2	Represents the award of RSUs that convert into common stock on a one-for-one basis. One third of the RSUs will vest on each of January 10, 2023, January 10, 2024, and January 10, 2025. Provided however, if the Issuer achieves a certain earnings before interest, taxes, depreciation, and amortization ("EBITDA") milestone no later than December 31, 2022, all of the RSUs will vest on January 10, 2023. If the EBITDA milestone is achieved after December 31, 2022 but no later than December 31, 2023, one third of the RSUs will vest on January 10, 2023 and two-thirds of the RSUs will vest on January 10, 2024.

Content

Represents the award of time-based restricted stock units ("RSUs") that convert into common stock on a one-for-one basis. One third of the RSUs will vest on each of January 10, 2023, January 10, 2024, and January 10, 2025.

Represents the award of RSUs that convert into common stock on a one-for-one basis. One third of the RSUs will vest on each of January 10, 2023, January 10, 2024, and January 10, 2025. Provided however, if the Issuer achieves a certain earnings before interest, taxes, depreciation, and amortization ("EBITDA") milestone no later than December 31, 2022, all of the RSUs will vest on January 10, 2023. If the EBITDA milestone is achieved after December 31, 2022 but no later than December 31, 2023, one third of the RSUs will vest on January 10, 2023 and two-thirds of the RSUs will vest on January 10, 2024.