Key facts
- This page summarizes Andrew Sugrue's Form 4 filing for Latch, Inc. (LTCH).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 14 Jun 2022, 16:44.
Andrew Sugrue - 10 Jun 2022 Form 4 Insider Report for Latch, Inc. (LTCH)
- Reporting relationship
- Director
- Issuer ticker
- LTCH
- Reported as of
- 10 Jun 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 14 Jun 2022, 16:44:04 UTC
- Prior SEC filing
- 24 Aug 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Priyen Patel, Attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Andrew Sugrue filed Form 4 for Latch, Inc. (LTCH) on 14 Jun 2022.
Change
- Previous filing in this sequence was filed on 24 Aug 2021.
- 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
- $0
- Shares
- +98,684
- Change %
- +265%
- Price
- $0.000000
- Shares after
- 135,947
- Date
- 10 Jun 2022
- Ownership
- Direct
- Footnotes
- F1
LTCH
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +31,579
- Change %
- +23%
- Price
- $0.000000
- Shares after
- 167,526
- Date
- 10 Jun 2022
- Ownership
- Direct
- Footnotes
- F2
LTCH
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 7,901,893
- Date
- 10 Jun 2022
- Ownership
- By Avenir Latch Investors, LLC
- Footnotes
- F3
LTCH
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 6,981,953
- Date
- 10 Jun 2022
- Ownership
- By Avenir Latch Investors II, LLC
- Footnotes
- F3
LTCH
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 6,551,705
- Date
- 10 Jun 2022
- Ownership
- By Avenir Latch Investors III, LLC
- 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 restricted stock units ("RSUs") granted to the reporting person on June 10, 2022. All of such RSUs will vest, and an equal number of shares of common stock will be deliverable to the reporting person, on the earlier of June 10, 2023 or immediately prior to the election of the nominees for director at the 2023 annual meeting of stockholders of the Issuer.
Footnote F2
Represents RSUs granted to the reporting person on June 10, 2022 that such reporting person elected to receive in place of an annual cash retainer for service on the Issuer's board of directors. The RSUs vest in equal installments on July 1, 2022, October 1, 2022, January 1, 2023 and April 1, 2023.
Footnote F3
Avenir Management Company, LLC is the manager of each of Avenir Latch Investors, LLC, Avenir Latch Investors II, LLC and Avenir Latch Investors III, LLC. Avenir Management Company, LLC is controlled by an investment committee comprised of Andrew Sugrue and James M. Reynolds, IV. As a result, each of Avenir Management Company, LLC and Messrs. Sugrue and Reynolds may be deemed to share beneficial ownership over the securities reported herein. Each of Messrs. Sugrue and Reynolds disclaims any such beneficial ownership except to the extent of their pecuniary interests therein.