Key facts
- This page summarizes Luke Schoenfelder's Form 4 filing for Latch, Inc. (LTCH).
- 3 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 08 Jun 2021, 19:11.
Luke Schoenfelder - 04 Jun 2021 Form 4 Insider Report for Latch, Inc. (LTCH)
- Reporting relationship
- Chief Executive Officer, Director
- Issuer ticker
- LTCH
- Reported as of
- 04 Jun 2021
- Net transaction value
- $0
- Reporting owner signature
- /s/ Priyen Patel, Attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
Luke Schoenfelder filed Form 4 for Latch, Inc. (LTCH) on 08 Jun 2021.
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
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.
LTCH
transaction
Common Stock
Award
- Transaction value
- Shares
- +1,175,907
- Change %
- Price
- Shares after
- 1,175,907
- Date
- 04 Jun 2021
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
LTCH
transaction
Derivative
Stock Option
Award
- Transaction value
- Shares
- +1,795,003
- Change %
- Price
- Shares after
- 1,795,003
- Date
- 04 Jun 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,795,003
- Exercise price
- $0.2300
- Footnotes
- F1, F2
LTCH
transaction
Derivative
Stock Option
Award
- Transaction value
- Shares
- +3,128,391
- Change %
- Price
- Shares after
- 3,128,391
- Date
- 04 Jun 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,128,391
- Exercise price
- $0.6800
- Footnotes
- F1, 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
Pursuant to the business combination of TS Innovation Acquisitions Corp. and Latch, Inc. ("Legacy Latch"), each share of Legacy Latch outstanding common and preferred stock and each outstanding convertible note was automatically converted into the right to receive shares of the Issuer's Common Stock based on a 1-to-0.8971 conversion ratio (the "Conversion Ratio"). In addition, each outstanding Legacy Latch equity award was automatically converted into a corresponding equity award of the Issuer based on the Conversion Ratio and with the same terms and vesting conditions as the Legacy Latch equity awards.
Footnote F2
The stock option is fully vested.
Footnote F3
The stock option is currently vested and exercisable as to 2,150,768 of the underlying shares, and the remaining shares will vest in equal monthly installments until fully vested on August 9, 2022.