Barry Schaeffer - 01 Jul 2022 Form 4 Insider Report for Latch, Inc. (LTCH)

Role
Interim CFO and Treasurer
Signature
/s/ Priyen Patel, Attorney-in-fact
Issuer symbol
LTCH
Transactions as of
01 Jul 2022
Net transactions value
-$10,974
Form type
4
Filing time
06 Jul 2022, 17:48:32 UTC
Previous filing
19 May 2022
Next filing
04 Aug 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 $2,582 -2,265 -1% $1.14 216,685 01 Jul 2022 Direct F1
transaction LTCH Common Stock Tax liability $646 -567 -0.26% $1.14 216,118 01 Jul 2022 Direct F2
transaction LTCH Common Stock Tax liability $7,745 -6,794 -3.1% $1.14 209,324 01 Jul 2022 Direct F3, F4
* 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 6,549 restricted stock units ("RSUs") granted to the reporting person on February 22, 2022. The reporting person sold no shares to satisfy this tax liability.
F2 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 1,637 RSUs granted to the reporting person on March 14, 2022. The reporting person sold no shares to satisfy this tax liability.
F3 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 19,646 RSUs granted to the reporting person on May 17, 2022. The reporting person sold no shares to satisfy this tax liability.
F4 Includes 186,287 RSUs that remain unvested as of the date hereof.