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Microvast Holdings, Inc. Director's Dealing 2022

Apr 7, 2022

32023_dirs_2022-04-06_8a04c486-ed41-4d70-9b8c-547e345c6d95.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Microvast Holdings, Inc. (MVST)
CIK: 0001760689
Period of Report: 2022-03-07

Reporting Person: Wu Yang (Director, Chairman, President & CEO, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-03-07 Common Stock G 1000000 Disposed 84036953 Direct
2022-04-05 Common Stock G 1000000 Disposed 83036953 Direct
2022-04-05 Common Stock G 1000000 Acquired 1000000 Indirect

Footnotes

F1: This transaction involved a gift of securities by the reporting person to his daughter. The reporting person will continue to exercise voting rights for the gifted shares. The shares will also be subject to certain transfer restrictions prior to the recipient's thirtieth birthday.

F2: This transaction involved a gift of securities by the reporting person to his son, who shares the reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of his son's shares fore purposes of Section 16 or any other purpose. The reporting person will continue to exercise voting rights for the gifted shares. The shares will also be subject to certain transfer restrictions prior to the recipient's thirtieth birthday.