4//SEC Filing
Barlow Richard Michael 4
Accession 0001864448-22-000052
CIK 0001864448other
Filed
Jul 18, 8:00 PM ET
Accepted
Jul 19, 4:13 PM ET
Size
6.3 KB
Accession
0001864448-22-000052
Insider Transaction Report
Form 4
Wejo Group LtdWEJO
Barlow Richard Michael
DirectorChief Executive Officer
Transactions
- Award
Restricted Share Units
2022-07-15+4,697,511→ 4,697,511 totalExp: 2031-11-18→ Common Shares (4,697,511 underlying)
Footnotes (1)
- [F1]Restricted share units (that settle for Common Shares) ("RSUs") equal to 5% of the number of the Common Shares outstanding as of the closing of the business combination between Wejo Group Limited (the "Company"), certain of its affiliates, and Virtuoso Acquisition Corp. on November 18, 2021 that vest if the price of Common Shares equals or exceeds $50.00 on any twenty trading days in any thirty trading day period ("Share Price Condition") between November 18, 2026 and November 18, 2031. Under the RSU Award Agreement between the Company and Reporting Person, dated July 15, 2022, if the Share Price Condition is satisfied on or before November 17, 2026, the RSUs will lapse and Reporting Person may exchange the 4,697,511 B shares Reporting Person holds in Wejo Limited ("WL") for an equal number of Common Shares of the Company under that certain Subscription Agreement Relating to B Ordinary Shares in the Capital of WL by and among the Company, Reporting Person and WL, dated July 15, 2022.
Documents
Issuer
Wejo Group Ltd
CIK 0001864448
Entity typeother
Related Parties
1- filerCIK 0001894434
Filing Metadata
- Form type
- 4
- Filed
- Jul 18, 8:00 PM ET
- Accepted
- Jul 19, 4:13 PM ET
- Size
- 6.3 KB