Vogel Stephen A 4

4 · Microvast Holdings, Inc. · Filed Jul 27, 2021

Form 4

Period: 2021-07-23

DirectorChief Executive Officer10% Owner

Transactions

Conversion
Convertible Promissory Notes
2021-07-23$10.00/sh−150,000$1,500,000→ 0 total
Exercise: $10.00→ Units (150,000 underlying)
Other
Common Stock
2021-07-23−1,964,269→ 5,404,320 total(indirect: By LLC)
Award
Convertible Promissory Note
2021-07-23$10.00/sh
Exercise: $10.00→ Units (150,000 underlying)
Conversion
Common Stock
2021-07-23$10.00/sh+150,000$1,500,000→ 150,000 total
Other
Warrants
2021-07-23−167,577→ 391,012 total(indirect: By LLC)
Exercise: $11.50→ Common Stock (167,577 underlying)
Conversion
Warrants
2021-07-23$10.00/sh+150,000$1,500,000→ 541,012 total
Exercise: $11.50→ Common Stock (150,000 underlying)

Footnotes (6)

[F1]Represents the pro rata distribution of securities from Tuscan Holdings Acquisition LLC to a member.
[F2]The reporting person is the sole managing member of this entity.
[F3]The warrants will become exercisable 30 days after completion of the Issuer's initial business combination.
[F4]The warrants expire on the fifth anniversary of the completion of the Issuer's initial business combination.
[F5]The promissory note was convertible, at the holder's option, upon the closing of the Issuer's initial business combination, into 150,000 units, each unit consisting of 1 share of common stock and 1 warrant. The aggregate principal amount of notes not so converted would be repaid upon the closing of the Issuer's initial business combination.
[F6]Upon the completion of the Issuer's initial business combination, each unit was split into 1 share of common stock and 1 warrant.

Documents

1 file