Home/Filings/4/0001104659-22-122098
4//SEC Filing

Benton Ryan A 4

Accession 0001104659-22-122098

CIK 0001813658other

Filed

Nov 24, 7:00 PM ET

Accepted

Nov 25, 3:13 PM ET

Size

12.5 KB

Accession

0001104659-22-122098

Insider Transaction Report

Form 4
Period: 2022-11-22
Transactions
  • Award

    Common Stock

    2022-11-22+290,790290,790 total
  • Award

    Stock Option

    2022-11-22+132,176132,176 total
    Exercise: $5.52Exp: 2030-07-28Common Stock (132,176 underlying)
  • Award

    Stock Option

    2022-11-22+46,95746,957 total
    Exercise: $8.86Exp: 2031-07-02Common Stock (46,957 underlying)
  • Award

    Stock Option

    2022-11-22+44,05844,058 total
    Exercise: $5.52Exp: 2030-07-28Common Stock (44,058 underlying)
Footnotes (5)
  • [F1]Pursuant to the business combination of ACE Convergence Acquisition Corp. and Tempo Automation, Inc. ("Legacy Tempo"), as contemplated by an agreement and plan of merger, dated August 12, 2022 and as amended on September 7, 2022 and September 23, 2022 (amended, the "Merger Agreement"), each share of common stock, stock option and award of restricted stock unit of Legacy Tempo was cancelled and automatically converted into the right to receive securities of the Issuer with the same terms and conditions in accordance with an exchange ratio described in the Merger Agreement.
  • [F2]Includes 255,790 restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and does not expire.
  • [F3]The stock option is fully vested and exercisable.
  • [F4]The stock option vests and is exercisable as to 25% of the underlying shares on July 13, 2021, and as to the remaining underlying shares in 36 substantially equal monthly installments thereafter.
  • [F5]The stock option vests and is exercisable as to 25% of the underlying shares on July 2, 2022, and as to the remaining underlying shares in 36 substantially equal monthly installments thereafter.

Issuer

Tempo Automation Holdings, Inc.

CIK 0001813658

Entity typeother

Related Parties

1
  • filerCIK 0001564606

Filing Metadata

Form type
4
Filed
Nov 24, 7:00 PM ET
Accepted
Nov 25, 3:13 PM ET
Size
12.5 KB