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Microvast Holdings, Inc. Director's Dealing 2021

Jul 28, 2021

32023_dirs_2021-07-27_f51a05c4-450b-4173-afd4-82520ba1bd8c.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: Microvast Holdings, Inc. (MVST)
CIK: 0001760689
Period of Report: 2021-07-23

Reporting Person: Mattis Wenjuan (Chief Technology Officer (CTO))

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-07-23 Earnout Rights $ A 18896 Acquired Class A Common Stock (18896) Direct

Footnotes

F1: Pursuant to the earnout provisions in the Merger Agreement, the Reporting Person is entitled to receive shares of Class A Common Stock if the daily volume weighted average price of the common stock is greater than or equal to $18.00 for any 20 trading days within a 30 trading day period (or a change of control occurs that results in the holders of common stock receiving a per share price equal to or in excess of $18.00), during the period commencing on the closing date of the Merger and ending on the third anniversary of the closing date of the Merger.

F2: Received in connection with the Merger and pursuant to the terms of the Merger Agreement.

F3: The original Form 4, filed on July 26, 2021, is amended by this Form 4 amendment solely to correct an error in reporting the number of shares of Class A Common Stock the Reporting Person is entitled to receive pursuant to and upon achievement of the earnout provisions in the Merger Agreement.