David James Burns - 19 Nov 2021 Form 3 Insider Report for Wejo Group Ltd

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
3
Accepted by SEC
19 Nov 2021, 17:59:31 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: /s/ Mina Bhama, as attorney in fact for David Burns

Key filing fact

David James Burns filed Form 3 for Wejo Group Ltd on 19 Nov 2021.

Key facts

  • This page summarizes David James Burns's Form 3 filing for Wejo Group Ltd.
  • 0 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 19 Nov 2021, 17:59.

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.

WEJOQ holding

Common Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,541
Date
19 Nov 2021
Ownership
Direct

Reported derivative securities

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

WEJOQ holding Derivative

Earnout Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
19 Nov 2021
Ownership
Direct
Underlying class
Common Shares
Underlying amount
780
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Pursuant to the Agreement and Plan of Merger, dated as of May 28, 2021, among the Issuer and certain other parties (the "Agreement"), the Reporting Person has the contingent right to receive a pro rata amount of Common Shares in each of four earnout periods, if at any time during the seven year period following November 18, 2021, the volume weighted average price of a Common Share is greater than or equal to, for any 20 trading days within any 30 consecutive trading day period (an "earnout period"): $15.00 for the first earnout period; $18.00 for the second earnout period; $21.00 for the third earnout period; and $24.00 for fourth earnout period, as adjusted pursuant to the Agreement.

SEC remarks

Exhibit 24 - Power of Attorney, incorporated herein by reference

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 .