Timothy E. Lee - 19 Nov 2022 Form 4 Insider Report for Wejo Group Ltd

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
05 Apr 2023, 16:03:28 UTC
Prior SEC filing
29 Jul 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mina Bhama, attorney-in-fact for Timothy E. Lee

Key filing fact

Timothy E. Lee filed Form 4 for Wejo Group Ltd on 05 Apr 2023.

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.

Change

  • Previous filing in this sequence was filed on 29 Jul 2022.
  • Current net transaction value: +$36,500.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WEJOQ transaction

Common Shares

Options Exercise

Transaction value
$0
Shares
+469,751
Change %
+16%
Price
$0.000000
Shares after
3,485,514
Date
19 Nov 2022
Ownership
Direct
Footnotes
F1
WEJOQ transaction

Common Shares

Award

Transaction value
$36,500
Shares
+82,636
Change %
+2.4%
Price
$0.4417*
Shares after
3,568,150
Date
04 Apr 2023
Ownership
Direct
Footnotes
F2
WEJOQ holding

Common Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
107,634
Date
19 Nov 2022
Ownership
By Calibogue Capital Fund One LLC

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WEJOQ transaction Derivative

Restricted Share Unit

Options Exercise

Transaction value
$0
Shares
-469,751
Change %
-50%
Price
$0.000000
Shares after
469,751
Date
19 Nov 2022
Ownership
Direct
Underlying class
Common Shares
Underlying amount
469,751
Exercise price
$0.000000
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

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.

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