Alan Masarek - Sep 16, 2022 Form 4 Insider Report for Wejo Group Ltd (WEJOQ)

Role
Former Director
Signature
/s/ Mina Bhama, attorney-in-fact for Alan Masarek
Stock symbol
WEJOQ
Transactions as of
Sep 16, 2022
Transactions value $
$0
Form type
4
Date filed
12/6/2022, 03:17 PM
Previous filing
Aug 5, 2022
Next filing
Jun 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEJOQ Common Shares Award $0 +319K +117.56% $0.00 591K Sep 27, 2022 Direct F1
transaction WEJOQ Common Shares Award $0 +25K +4.23% $0.00 616K Sep 27, 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 +884K $0.00 884K Sep 16, 2022 Common Shares 884K $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 on 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 (the "Members") pursuant to that certain Amended and Restated Limited Liability Company Operating Agreement of the Sponsor, dated as of January 15, 2021 (the "LLC Agreement"), 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 theSponsor.