Yang Wu - Mar 7, 2022 Form 4 Insider Report for Microvast Holdings, Inc. (MVST)

Role: Chairman, President & CEO, Director, 10%+ Owner
Signature: /s/ Sarah Alexander, Attorney-in-Fact
Stock symbol: MVST
Transactions as of: Mar 7, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/6/2022, 07:12 PM
Previous filing: Jul 26, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MVST	Common Stock	Gift	$0	-1M	-1.18%	$0.00	84M	Mar 7, 2022	Direct	F1
transaction	MVST	Common Stock	Gift	$0	-1M	-1.19%	$0.00	83M	Apr 5, 2022	Direct	F2
transaction	MVST	Common Stock	Gift	$0	+1M		$0.00	1M	Apr 5, 2022	by son (shares reporting person's household)	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction involved a gift of securities by the reporting person to his daughter. The reporting person will continue to exercise voting rights for the gifted shares. The shares will also be subject to certain transfer restrictions prior to the recipient's thirtieth birthday.
F2	This transaction involved a gift of securities by the reporting person to his son, who shares the reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares fore purposes of Section 16 or any other purpose. The reporting person will continue to exercise voting rights for the gifted shares. The shares will also be subject to certain transfer restrictions prior to the recipient's thirtieth birthday.

Content

This transaction involved a gift of securities by the reporting person to his daughter. The reporting person will continue to exercise voting rights for the gifted shares. The shares will also be subject to certain transfer restrictions prior to the recipient's thirtieth birthday.

This transaction involved a gift of securities by the reporting person to his son, who shares the reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares fore purposes of Section 16 or any other purpose. The reporting person will continue to exercise voting rights for the gifted shares. The shares will also be subject to certain transfer restrictions prior to the recipient's thirtieth birthday.