Gao Lu 4
4 · Microvast Holdings, Inc. · Filed Jul 26, 2021
Insider Transaction Report
Form 4
Gao Lu
Chief Accounting Officer
Transactions
- Award
Employee Stock Option (right to buy)
2021-07-23+881,650→ 881,650 totalExercise: $6.28Exp: 2030-07-27→ Class A Common Stock (881,650 underlying)
Footnotes (2)
- [F1]The shares underlying this option vest one-third on each of the first, second and third anniversaries of the Merger.
- [F2]Received in connection with the closing of the transactions contemplated by the Agreement and Plan of Merger by and among Tuscan Holdings Corp, TSCN Merger Sub Inc. and Microvast, Inc. ("Microvast"), dated February 1, 2021, in exchange for an employee stock option to acquire 5,500 shares of common stock of Microvast for $1,005.85 per share.