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4//SEC Filing

Komatsu Shuhei 4

Accession 0000899243-23-005793

CIK 0001855631other

Filed

Feb 21, 7:00 PM ET

Accepted

Feb 22, 8:39 AM ET

Size

8.6 KB

Accession

0000899243-23-005793

Insider Transaction Report

Form 4
Period: 2023-02-03
Komatsu Shuhei
DirectorChairman of the Board and CEO10% Owner
Transactions
  • Award

    Common stock

    2023-02-03+14,084,77214,084,772 total
  • Award

    Stock Option (right to buy)

    2023-02-03+1,525,1961,525,196 total
    From: 2023-05-03Exp: 2033-02-03Common Stock (1,525,196 underlying)
Footnotes (4)
  • [F1]Represents shares acquired by the reporting person on February 3, 2023, upon the closing of a business combination (the "Merger") pursuant to an Agreement and Plan of Merger, dated as of September 7, 2022, by and among Pono Capital Corp. ("Pono"), Pono Merger Sub, Inc., AERWINS Technologies Inc. ("AERWINS"), Mehana Equity LLC, and Shuhei Komatsu, as previously disclosed in the issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on September 7, 2022 (the "Form 8-K"), and as set forth in Exhibit 2.1 to the Form 8-K. Of this amount, 422,543 shares are held in escrow pending post-closing adjustments to the Merger consideration as provided in the Merger Agreement. Upon consummation of the Merger, the issuer changed its name to "AERWINS Technologies Inc."
  • [F2]The stock option has an exercise price of $0.00015 per share.
  • [F3]As consideration for the Merger, the reporting person received (i) the indicated number of shares of the issuer's common stock, and (ii) a stock option to purchase the indicated number of shares of the issuer's common stock.
  • [F4]The stock option vests as follows: 1/3 on the 3-month anniversary of February 3, 2023 (the "Award Date"), 1/3 on the 15-month anniversary of the Award Date, and 1/3 on the 27-month anniversary of the Award Date.

Issuer

AERWINS Technologies Inc.

CIK 0001855631

Entity typeother

Related Parties

1
  • filerCIK 0001964045

Filing Metadata

Form type
4
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 8:39 AM ET
Size
8.6 KB