4/A//SEC Filing
Wu Yang 4/A
Accession 0000947871-21-000822
CIK 0001760689other
Filed
Jul 26, 8:00 PM ET
Accepted
Jul 27, 7:59 PM ET
Size
6.5 KB
Accession
0000947871-21-000822
Insider Transaction Report
Form 4/AAmended
Wu Yang
DirectorChief Executive Officer10% Owner
Transactions
- Award
Earnout Rights
2021-07-23+8,098,757→ 8,098,757 total→ Class A Common Stock (8,098,757 underlying)
Footnotes (3)
- [F1]Pursuant to the earnout provisions in the Merger Agreement, the Reporting Person is entitled to receive shares of Class A Common Stock if the daily volume weighted average price of the common stock is greater than or equal to $18.00 for any 20 trading days within a 30 trading day period (or a change of control occurs that results in the holders of common stock receiving a per share price equal to or in excess of $18.00), during the period commencing on the closing date of the Merger and ending on the third anniversary of the closing date of the Merger.
- [F2]Received in connection with the Merger and pursuant to the terms of the Merger Agreement.
- [F3]The original Form 4, filed on July 26, 2021, is amended by this Form 4 amendment solely to correct an error in reporting the number of shares of Class A Common Stock the Reporting Person is entitled to receive pursuant to and upon achievement of the earnout provisions in the Merger Agreement.
Documents
Issuer
Microvast Holdings, Inc.
CIK 0001760689
Entity typeother
Related Parties
1- filerCIK 0001874005
Filing Metadata
- Form type
- 4/A
- Filed
- Jul 26, 8:00 PM ET
- Accepted
- Jul 27, 7:59 PM ET
- Size
- 6.5 KB