4//SEC Filing
Yazbeck Anthony 4
Accession 0000899243-21-041267
CIK 0001813756other
Filed
Oct 21, 8:00 PM ET
Accepted
Oct 22, 4:56 PM ET
Size
23.4 KB
Accession
0000899243-21-041267
Insider Transaction Report
Form 4
Yazbeck Anthony
See Remarks
Transactions
- Award
Stock Option (right to buy)
2021-10-20+11,015→ 11,015 totalExercise: $4.99Exp: 2029-03-29→ Common Stock (11,015 underlying) - Award
Stock Option (right to buy)
2021-10-20+165,238→ 165,238 totalExercise: $2.55Exp: 2030-02-10→ Common Stock (165,238 underlying) - Award
Common Stock
2021-10-20+57,099→ 57,099 total - Award
Stock Option (right to buy)
2021-10-20+4,748→ 4,748 totalExercise: $4.99Exp: 2028-02-08→ Common Stock (4,748 underlying) - Award
Common Stock
2021-10-20+185,892→ 185,892 total - Award
Stock Option (right to buy)
2021-10-20+1,901→ 1,901 totalExercise: $4.99Exp: 2026-08-04→ Common Stock (1,901 underlying) - Award
Stock Option (right to buy)
2021-10-20+12,622→ 12,622 totalExercise: $4.99Exp: 2029-02-11→ Common Stock (12,622 underlying) - Award
Common Stock
2021-10-20+103,273→ 103,273 total - Award
Stock Option (right to buy)
2021-10-20+550→ 550 totalExercise: $4.99Exp: 2027-05-21→ Common Stock (550 underlying)
Footnotes (11)
- [F1]On October 20, 2021, (i) BowX Acquisition Corp. ("BowX") consummated a business combination (the "Business Combination") by and among BowX, BowX Merger Subsidiary Corp., a Delaware corporation ("Merger Sub"), BowX Merger Subsidiary II, LLC, a Delaware limited liability company ("Merger Sub II") and WeWork Inc., a Delaware corporation ("Legacy WeWork"), (ii) BowX changed its name to "WeWork Inc." and (iii) Merger Sub merged with and into Legacy WeWork (the "First Merger") and the surviving corporation of the First Merger merged with and into Merger Sub II. As part of the Business Combination, each share of Legacy WeWork common stock was exchanged for 0.82619 shares of common stock of WeWork Inc.
- [F10]The first 10% of the option is fully vested and exercisable. An additional 15% of the option will vest on each of March 16, 2022, March 16, 2023, March 16, 2024 and March 16, 2025. The final 30% of the option will vest on March 16, 2026.
- [F11]One third of the option vested and became exercisable on January 15, 2021, after which 1/12 of the option vests on each April 15, July 15, October 15 and January 15 through January 15, 2023.
- [F2]As part of the Business Combination, each Legacy WeWork RSU was exchanged for 0.82619 RSUs of WeWork Inc.
- [F3]One third of the RSUs will vest on each of February 1, 2022, February 1, 2023 and February 1, 2024.
- [F4]One third of the RSUs will vest on each of March 15, 2022, March 15, 2023 and March 15, 2024.
- [F5]As part of the Business Combination, each Legacy WeWork stock option was exchanged for a stock option to acquire 0.82619 shares of common stock of WeWork Inc.
- [F6]Options are fully vested and exercisable.
- [F7]80% of the option was fully vested and exercisable as of March 9, 2021, after which 1/60 of the option vests on the 9th of each month through March 9, 2022.
- [F8]80% of the option was fully vested and exercisable as of August 1, 2021, after which 1/60 of the option vests on the 1st of each month through August 1, 2022.
- [F9]60% of the option was fully vested and exercisable as of October 1, 2021, after which 1/60 of the option vests on the 1st of each month through October 1, 2023.
Documents
Issuer
WeWork Inc.
CIK 0001813756
Entity typeother
Related Parties
1- filerCIK 0001887256
Filing Metadata
- Form type
- 4
- Filed
- Oct 21, 8:00 PM ET
- Accepted
- Oct 22, 4:56 PM ET
- Size
- 23.4 KB