AI assistant
Microvast Holdings, Inc. — Director's Dealing 2021
Jul 28, 2021
32023_dirs_2021-07-27_fa13c42b-415f-4917-889c-acb988d840c4.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4/A — Form 4/A
Issuer: Microvast Holdings, Inc. (MVST)
CIK: 0001760689
Period of Report: 2021-07-23
Reporting Person: Wu Yang (Director, CEO, COB, Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-07-23 | Earnout Rights | $ | A | 8098757 | Acquired | Class A Common Stock (8098757) | 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.