Key facts
- This page summarizes David H. S. Chung's Form 4 filing for Movella Holdings Inc..
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 04 May 2023, 13:36.
David H. S. Chung - 02 May 2023 Form 4 Insider Report for Movella Holdings Inc.
- Reporting relationship
- Director, 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 02 May 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 04 May 2023, 13:36:38 UTC
- Prior SEC filing
- 13 Feb 2023
- Next SEC filing
- 02 Aug 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Dennis Calderon, Attorney-in-fact for David H.S. Chung
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
David H. S. Chung filed Form 4 for Movella Holdings Inc. on 04 May 2023.
Change
- Previous filing in this sequence was filed on 13 Feb 2023.
- Current net transaction value: $0.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MVLA
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +71,428
- Change %
- Price
- $0.000000
- Shares after
- 71,428
- Date
- 02 May 2023
- Ownership
- Direct
- Footnotes
- F1, F2
MVLA
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 4,025,000
- Date
- 02 May 2023
- Ownership
- See footnotes
- Footnotes
- F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date.
Footnote F2
This award was granted effective May 2, 2023 and vests over two years. 50% of the total number of shares subject to the award will vest on the earlier of (i) May 2, 2024 or (ii) the issuer's 2024 annual meeting of stockholders, and the remaining 50% will vest on the earlier of (i) the 12-month anniversary of the issuer's 2024 annual meeting of stockholders or (ii) the date of the issuer's 2025 annual meeting of stockholders. The award will also become 100% vested if a Change in Control (as defined in the Movella Holdings Inc. 2022 Stock Incentive Plan) occurs during Mr. Chung's service as a director.
Footnote F3
The securities reported herein are held directly by Pathfinder Acquisition LLC (the "Sponsor"). The board of managers of the Sponsor exercises voting and dispositive power over all securities held by the Sponsor. HGGC Pathfinder Holdings I, LLC has the power to appoint three members to the board of managers of the Sponsor. Arrowhead Holdings, LLC ("Arrowhead") has the power to appoint a member to the board of managers of the Sponsor. Industry Ventures Tech Buyout, LP has the power to appoint two members to the board of managers of the Sponsor. The Reporting Person is the managing member of Arrowhead and has been appointed to the board of managers of the Sponsor by Arrowhead.
Footnote F4
(continued from footnote 3) Accordingly, the Reporting Person may be deemed to share dispositive power over the securities held by the Sponsor, and thus, may be deemed to be the beneficial owner of these securities. The Reporting Person disclaims beneficial ownership of any securities held by the Sponsor except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.