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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.