Mitchell Garth 4
4 · Latch, Inc. · Filed Oct 5, 2021
Insider Transaction Report
Form 4
Latch, Inc.LTCH
Mitchell Garth
CFO & Treasurer
Transactions
- Tax Payment
Common Stock
2021-10-01$11.21/sh−13,455$150,831→ 436,696 total - Exercise/Conversion
Common Stock
2021-10-01$0.68/sh+72,959$49,612→ 509,655 total - Exercise/Conversion
Stock Option
2021-10-01−72,959→ 206,709 totalExercise: $0.68Exp: 2029-02-18→ Common Stock (72,959 underlying)
Footnotes (2)
- [F1]Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability based upon the vesting of 31,192 restricted stock units that were granted to the reporting person on September 13, 2021. No shares were sold by the reporting person to satisfy this tax liability.
- [F2]The stock option will vest in equal monthly installments until fully vested on February 18, 2023.