Samuel Hendel - 16 Sep 2022 Form 4 Insider Report for Wejo Group Ltd

Role
Director
Signature
/s/ Mina Bhama, attorney-in-fact for Samuel Hendel
Issuer symbol
N/A
Transactions as of
16 Sep 2022
Net transactions value
$0
Form type
4
Filing time
06 Dec 2022, 06:31:16 UTC
Previous filing
29 Jul 2022
Next filing
05 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEJOQ Common Shares Award $0 +148,319 +65% $0.000000 376,795 27 Sep 2022 Direct F1
transaction WEJOQ Common Shares Award $0 +25,000 +6.6% $0.000000 401,795 27 Sep 2022 Direct F2

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 WEJOQ Exchangeable Rights (right to buy) Award $0 +294,643 $0.000000 294,643 16 Sep 2022 Common Shares 294,643 $11.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common shares distributed to the Reporting Person in connection with the dissolution (the "Dissolution") of Virtuoso Sponsor LLC, a Delaware limited liability company (the "Sponsor"), and distribution of all of the Sponsor's assets, comprised of common shares of Wejo Group Limited and exchangeable preferred shares of Wejo Bermuda Limited (the "Exchangeable Rights"), to its members (collectively, the "Members") pursuant to that certain Amended and Restated Limited Liability Company Operating Agreement of the Sponsor, dated as of January 15, 2021, on a pro rata basis in accordance with each Member's percentage interest in the Sponsor.
F2 Represents common shares distributed to the Reporting Person in connection with the Dissolution of the Sponsor in consideration of the Reporting Person's prior service as a member of the Board of Directors of the Sponsor.
F3 Represents Exchangeable Rights distributed to the Reporting Person in connection with the Dissolution of the Sponsor on a pro rata basis in accordance with the Reporting Person's percentage interest in the Sponsor.