Key facts
- This page summarizes Timothy E. Lee's Form 4 filing for Wejo Group Ltd.
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 05 Apr 2023, 16:03.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Options Exercise
Award
No transaction description listed
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Options Exercise
Additional SEC filing notes
Footnote F1
Represents Common Shares issued on the settling of vested restricted share units ("RSUs") awarded to the Reporting Person on November 19, 2021. Under the terms of the applicable award agreement, 50% of the RSUs settle on each of November 19, 2022 and November 19, 2023, with the form of such payment being made 60% in Common Shares and 40% in cash, or such other mix of Common Shares and cash as determined in the discretion of the Company's Compensation Committee, as provided by the terms of the applicable award agreement. On November 17, 2022, the Compensation Committee resolved to settle the first 50% of the RSUs 100% in Common Shares.
Footnote F2
Represents fully vested Common Shares issued in payment of the Reporting Person's retainer fees for Board and Committee service for the quarters ended September 30, 2022 and December 31, 2022 in the aggregate amount of $36,500 in lieu of cash under the Company's temporary Board retainer payment program, which was approved by the Company's Board of Directors on October 14, 2022.