Smith Shane 4
4 · Microvast Holdings, Inc. · Filed Jul 26, 2021
Insider Transaction Report
Form 4
Smith Shane
COO & President, Microvast US
Transactions
- Award
Employee Stock Option (right to buy)
2021-07-23+2,404,500→ 2,404,500 totalExercise: $6.28Exp: 2030-07-27→ Class A Common Stock (2,404,500 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 15,000 shares of common stock of Microvast for $1,005.85 per share.