Garth Mitchell - 01 Oct 2021 Form 4 Insider Report for Latch, Inc. (LTCH)

Role
CFO & Treasurer
Signature
/s/ Priyen Patel, Attorney-in-fact
Issuer symbol
LTCH
Transactions as of
01 Oct 2021
Net transactions value
-$101,218
Form type
4
Filing time
05 Oct 2021, 21:38:53 UTC
Previous filing
15 Sep 2021
Next filing
04 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTCH Common Stock Tax liability $150,831 -13,455 -3% $11.21* 436,696 01 Oct 2021 Direct F1
transaction LTCH Common Stock Options Exercise $49,612 +72,959 +17% $0.6800 509,655 01 Oct 2021 Direct

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 LTCH Stock Option Options Exercise $0 -72,959 -26% $0.000000 206,709 01 Oct 2021 Common Stock 72,959 $0.6800 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability based upon the vesting of 31,192 restricted stock units that were granted to the reporting person on September 13, 2021. No shares were sold by the reporting person to satisfy this tax liability.
F2 The stock option will vest in equal monthly installments until fully vested on February 18, 2023.