4//SEC Filing
SMITH STEPHEN M 4
Accession 0000899243-23-004834
CIK 0001839132other
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 5:51 PM ET
Size
6.6 KB
Accession
0000899243-23-004834
Insider Transaction Report
Form 4
SMITH STEPHEN M
Chief Financial Officer
Transactions
- Award
Stock Option
2023-02-10+390,991→ 390,991 totalExercise: $3.24Exp: 2031-10-20→ Common Stock (390,991 underlying)
Footnotes (2)
- [F1]Reflects securities acquired pursuant to the terms of the Business Combination Agreement, dated as of October 3, 2022 (the "Business Combination Agreement"), entered into by and among Pathfinder Acquisition Corporation (which subsequently changed its name to "Movella Holdings Inc.", the "Issuer"), Motion Merger Sub, Inc. and Movella Inc., pursuant to which the Issuer acquired Movella Inc. (the "Business Combination"). Pursuant to the terms of the Business Combination Agreement, each share of Movella Inc. common stock outstanding and each Movella Inc. option outstanding immediately prior to the closing of the Business Combination was entitled to receive 0.4887409556 shares of Issuer common stock or option, respectively. The Business Combination closed on February 10, 2023 (the "Closing Date").
- [F2]25% of the option vests on October 4, 2022, with the remaining 75% vesting in equal monthly installments thereafter for 36 months. Option is subject to double-trigger acceleration such that 50% of the unvested portion of the option shall vest upon the holder's involuntary termination for reasons other than cause within the 12 months following a deemed liquidation event.
Documents
Issuer
Movella Holdings Inc.
CIK 0001839132
Entity typeother
Related Parties
1- filerCIK 0001185340
Filing Metadata
- Form type
- 4
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 5:51 PM ET
- Size
- 6.6 KB