| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MVLA | Common Stock | Award | $0 | +71.4K | $0.00 | 71.4K | May 2, 2023 | Direct | F1, F2 | |
| holding | MVLA | Common Stock | 5.19M | May 2, 2023 | By Kleiner Perkins Caufield and Byers XIII, LLC | F3 |
| Id | Content |
|---|---|
| F1 | Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date. |
| F2 | This award was granted effective May 2, 2023 and vests over two years. 50% of the total number of shares subject to the award will vest on the earlier of (i) May 2, 2024 or (ii) the issuer's 2024 annual meeting of stockholders, and the remaining 50% will vest on the earlier of (i) the 12-month anniversary of the issuer's 2024 annual meeting of stockholders or (ii) the date of the issuer's 2025 annual meeting of stockholders. The award will also become 100% vested if a Change in Control (as defined in the Movella Holdings Inc. 2022 Stock Incentive Plan) occurs during Mr. Hsieh's service as a director. |
| F3 | Consists of 5,189,011 shares of common stock, par value $0.00001 per share, of Movella Holdings Inc. held by KPCB Holdings, Inc. ("KPCB Holdings"), as nominee for Kleiner Perkins Caufield & Byers XIII, LLC ("KPCB XIII"). The managing member of KPCB XIII is KPCB XIII Associates, LLC ("Associates"). The voting and dispositive control over the shares is shared by several individual managing directors of Associates, none of whom has veto power. No natural person controls investment or voting decisions with respect to the shares held by KPCB Holdings. |