James W. Siminoff - Nov 28, 2024 Form 4 Insider Report for Latch, Inc. (LTCH)

Role
Chief Strategy Officer, 10%+ Owner
Signature
/s/ Priyen Patel, Attorney-in-fact
Stock symbol
LTCH
Transactions as of
Nov 28, 2024
Transactions value $
-$1,526
Form type
4
Date filed
12/2/2024, 04:46 PM
Previous filing
Aug 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTCH Common Stock Disposed to Issuer -$1.53K -15.3M -79.95% $0.00 3.83M Nov 28, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's common stock repurchased by the Issuer from the Reporting Person pursuant to an Amended and Restated Common Stock Restriction and Repurchase Agreement (the "Repurchase Agreement") entered into between the Issuer and the Reporting Person on November 18, 2024.
F2 Pursuant to the Repurchase Agreement, the Company repurchased the shares at a price of $0.0000508 per share.
F3 Includes 3,815,135 shares of common stock that are subject to restrictions from transfer and an ongoing repurchase right held by the Issuer pursuant to the Repurchase Agreement.