Greg Kress - 20 Apr 2023 Form 4 Insider Report for Shapeways Holdings, Inc.

Role
Chief Executive Officer, Director
Signature
/s/ Robert Lawsky, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
20 Apr 2023
Net transactions value
$0
Form type
4
Filing time
21 Apr 2023, 16:07:14 UTC
Previous filing
06 Dec 2022
Next filing
24 May 2023
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 SHPW Stock Option (right to buy) Award $0 +364,708 $0.000000 $364,708 20 Apr 2023 Common Stock 364,708 $0.3300 Direct F1, F2
transaction SHPW Stock Option (right to buy) Award $0 +500,000 $0.000000 $500,000 20 Apr 2023 Common Stock 500,000 $0.3300 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options were granted in connection with the cancellation of 364,708 previously outstanding and unvested restricted stock units with performance-based vesting requirements granted on March 28, 2022.
F2 The options are subject to a service-based vesting requirement, which shall be satisfied over a five-year period with 1/5th of the options vesting on each anniversary of April 1, 2023, subject to the Reporting Person's continuous service with the issuer on each such vesting date.
F3 The options are subject to a service-based vesting requirement, which shall be satisfied over a four-year period with 25% of the options vesting on the one-year anniversary of April 1, 2023 and 1/48th of the options vesting monthly thereafter, subject to the Reporting Person's continuous service with the issuer on each such vesting date.