Shengxian Wu - 27 Oct 2021 Form 4 Insider Report for Microvast Holdings, Inc. (MVST)

Signature
/s/ Sarah Alexander, Attorney-in-Fact
Issuer symbol
MVST
Transactions as of
27 Oct 2021
Net transactions value
$0
Form type
4
Filing time
14 Feb 2022, 20:18:13 UTC
Previous filing
27 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVST Common Stock Award $0 +4,391 $0.000000 4,391 27 Oct 2021 Direct

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
holding MVST Employee Stock Option (right to buy) 160,300 27 Oct 2021 Common Stock 160,300 $6.28 Direct F1
holding MVST Employee Stock Option (right to buy) 641,200 27 Oct 2021 Common Stock 641,200 $6.28 Direct F1
holding MVST Employee Stock Option (right to buy) 480,900 27 Oct 2021 Common Stock 480,900 $6.28 Direct F1
holding MVST Capped Restricted Stock Unit 142,987 27 Oct 2021 Common Stock 142,987 $6.28 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares underlying this option vest and become exercisable in equal annual installments on July 23, 2022, 2023 and 2024.
F2 The Capped Restricted Stock Units convert into one share of Common Stock on vesting and are subject to the same conditions and vesting schedule as the stock options listed above.