Adam Neumann - 20 Oct 2021 Form 3 Insider Report for WeWork Inc.

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
3
Accepted by SEC
08 Nov 2021, 16:01:55 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Adam Neumann

Key filing fact

Adam Neumann filed Form 3 for WeWork Inc. on 08 Nov 2021.

Key facts

  • This page summarizes Adam Neumann's Form 3 filing for WeWork Inc..
  • 0 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 08 Nov 2021, 16:01.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • 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

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reported non-derivative transactions

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

WE holding

Class C common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
19,896,032
Date
20 Oct 2021
Ownership
Direct
Footnotes
F1, F2
WE holding

Class A common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
544,353
Date
20 Oct 2021
Ownership
See footnote
Footnotes
F3
WE holding

Class A common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
47,792,578
Date
20 Oct 2021
Ownership
See footnote
Footnotes
F4

Reported derivative securities

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

WE holding Derivative

WeWork Partnerships Profits Interest Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
20 Oct 2021
Ownership
Direct
Underlying class
Class A common stock
Underlying amount
19,896,032
Exercise price
Footnotes
F2
* 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

Shares of Class C common stock of the Issuer ("Class C common stock") carry one vote per share but no economic rights (including no rights to dividends and distributions upon liquidation) and are issued in an equal amount to the number of Profits Interest Units (the "WeWork Partnership Profits Interest Units") of The We Company Management Holdings L.P. (the "Partnership").

Footnote F2

Pursuant to the terms of the Third Amended and Restated Agreement of Exempted Limited Partnership of the Partnership, effective as of October 20, 2021, by and among the Partnership and the parties listed thereto (the "LPA"), WeWork Partnership Profits Interest Units, together with a corresponding number of shares of Class C common stock, may be (a) converted into WeWork Partnership Class A Common Units or (b) exchanged (along with the corresponding shares of Class C common stock) for shares of Class A common stock of the Issuer or for cash of an equivalent value. The exchange rights under the LPA do not expire.

Footnote F3

Reflects 544,353 shares of Class A common stock held, in the aggregate, by ANINCENTCO1 LLC, ANINCENTCO2 LLC AND ANINCENTCO3 LLC, of which the reporting person is the managing member.

Footnote F4

Reflects 47,792,578 shares of Class A common stock held by WE Holdings LLC, over which the reporting person has a pecuniary interest.

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