Zheng Yanzhuan 4
4 · Microvast Holdings, Inc. · Filed Apr 18, 2022
Insider Transaction Report
Form 4
Zheng Yanzhuan
DirectorCFO, Director
Transactions
- Exercise/Conversion
Common Stock
2022-04-14+2,860,713→ 3,173,722 total - Tax Payment
Common Stock
2022-04-14−860,713→ 2,313,009 total - Exercise/Conversion
Capped Restricted Stock Units
2022-04-14−2,860,713→ 0 totalExercise: $6.28From: 2022-04-14→ Common Stock (2,860,713 underlying)
Holdings
- 1,122,100
Stock Options (Right to Buy)
Exercise: $6.28From: 2022-04-14Exp: 2030-07-27→ Common Stock (1,122,100 underlying)
Footnotes (3)
- [F1]The vesting schedule of the capped restricted stock units held by the reporting person was accelerated in connection with the reporting person's separation from service and entry into a transition consulting services agreement on April 14, 2022.
- [F2]The shares of common stock underlying the capped RSUs were forfeited and the fair market value on the date of vest was paid to the reporting person in cash pursuant to the capped RSU award agreement.
- [F3]The vesting schedule of the stock options held by the reporting person was accelerated in connection with the reporting person's separation from service and entry into a transition consulting services agreement on April 14, 2022. The stock options became exercisable immediately and will remain exercisable until until three months following the termination of his transition services in accordance with the terms and conditions of the stock option award agreement.