Garth Mitchell - 28 Feb 2022 Form 4 Insider Report for Latch, Inc. (LTCH)

Role
CFO & Treasurer
Signature
/s/ Priyen Patel, Attorney-in-fact
Issuer symbol
LTCH
Transactions as of
28 Feb 2022
Net transactions value
+$41,343
Form type
4
Filing time
02 Mar 2022, 17:37:06 UTC
Previous filing
04 Jan 2022
Next filing
29 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTCH Common Stock Options Exercise $41,343 +60,799 +12% $0.6800 556,917 28 Feb 2022 Direct F1

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 -60,799 -29% $0.000000 145,910 28 Feb 2022 Common Stock 60,799 $0.6800 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes RSUs granted to the reporting person on September 13, 2021, 311,916 of which remain unvested as of the date hereof. The RSUs vest quarterly in 12 equal installments over three years, with an initial vesting date of October 1, 2021.
F2 The stock option will vest in equal monthly installments until fully vested on February 18, 2023.