Alan Masarek - 16 Sep 2022 Form 4 Insider Report for Wejo Group Ltd

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
06 Dec 2022, 15:17:35 UTC
Prior SEC filing
05 Aug 2022
Next SEC filing
22 Jun 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mina Bhama, attorney-in-fact for Alan Masarek

Key filing fact

Alan Masarek filed Form 4 for Wejo Group Ltd on 06 Dec 2022.

Key facts

  • This page summarizes Alan Masarek's Form 4 filing for Wejo Group Ltd.
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 06 Dec 2022, 15:17.

Change

  • Previous filing in this sequence was filed on 05 Aug 2022.
  • 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

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

Award

Transaction value
$0
Shares
+319,444
Change %
+118%
Price
$0.000000
Shares after
591,163
Date
27 Sep 2022
Ownership
Direct
Footnotes
F1
WEJOQ transaction

Common Shares

Award

Transaction value
$0
Shares
+25,000
Change %
+4.2%
Price
$0.000000
Shares after
616,163
Date
27 Sep 2022
Ownership
Direct
Footnotes
F2

Reported derivative securities

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

WEJOQ transaction Derivative

Exchangeable Rights (right to buy)

Award

Transaction value
$0
Shares
+883,928
Change %
Price
$0.000000
Shares after
883,928
Date
16 Sep 2022
Ownership
Direct
Underlying class
Common Shares
Underlying amount
883,928
Exercise price
$11.50
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents common shares distributed to the Reporting Person on the dissolution (the "Dissolution") of Virtuoso Sponsor LLC, a Delaware limited liability company (the "Sponsor"), and distribution of all of the Sponsor's assets, comprised of common shares of Wejo Group Limited and exchangeable preferred shares of Wejo Bermuda Limited (the "Exchangeable Rights"), to its members (the "Members") pursuant to that certain Amended and Restated Limited Liability Company Operating Agreement of the Sponsor, dated as of January 15, 2021 (the "LLC Agreement"), on a pro rata basis in accordance with each Member's percentage interest in the Sponsor.

Footnote F2

Represents common shares distributed to the Reporting Person in connection with the Dissolution of the Sponsor in consideration of the Reporting Person's prior service as a member of the Board of Directors of the Sponsor.

Footnote F3

Represents Exchangeable Rights distributed to the Reporting Person in connection with the Dissolution of the Sponsor on a pro rata basis in accordance with the Reporting Person's percentage interest in theSponsor.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .