4//SEC Filing
Levy Miko 4
Accession 0001104659-21-122226
CIK 0001784851other
Filed
Sep 30, 8:00 PM ET
Accepted
Oct 1, 9:48 PM ET
Size
11.7 KB
Accession
0001104659-21-122226
Insider Transaction Report
Form 4
Levy Miko
Chief Revenue Officer
Transactions
- Award
Restricted Stock Unit
2021-09-29+44,774→ 44,774 totalExp: 2021-09-29→ Common Stock (44,774 underlying) - Award
Stock Option (right to buy)
2021-09-29+302,233→ 302,233 totalExercise: $0.50Exp: 2029-10-29→ Common Stock (302,233 underlying) - Award
Stock Option (right to buy)
2021-09-29+100,744→ 100,744 totalExercise: $0.50Exp: 2030-05-05→ Common Stock (100,744 underlying)
Footnotes (4)
- [F1]The Stock Option was received in exchange for an option to purchase 402,977 shares of common stock of Shapeways, Inc. ("Shapeways") in connection with the merger of Shapeways with and into a wholly owned subsidiary of the Issuer (the "Merger"), which closed on September 29, 2021 (the "Closing Date"). The Stock Option was fully vested as of the Closing Date.
- [F2]In connection with the Merger, the Reporting Person received 44,774 restricted stock units (the "Earn-out RSUs") in the Issuer.
- [F3]Subject to the satisfaction of the share-price based performance vesting conditions, each Earn-out RSU represents the right to receive one share of Common Stock of the Issuer. The Earn-out RSUs will be subject to share-price based performance ("RSU Performance Milestones") vesting conditions as follows: (i) if, at any time prior to September 29, 2024 (the "RSU Earn-out Period"), the VWAP (as defined in the Reporting Person's Earn-out RSU award agreement) of the Issuer's Common Stock equals or exceeds $14.00 per share (as adjusted for stock splits, stock dividends, reorganizations and recapitalizations and similar transactions after the
- [F4]Closing Date) for 30 consecutive trading days occurring during the period beginning on the Closing Date and ending on the Expiration Date, one half (1/2) of the Earn-out RSUs shall vest; and (ii) if, at any time prior to the RSU Earn-out Period, the VWAP (as defined in the Reporting Person's Earn-out RSU award agreement) of the Issuer's Common Stock equals or exceeds $16.00 per share (as adjusted for stock splits, stock dividends, reorganizations and recapitalizations and similar transactions after the Transaction Date) for 30 consecutive trading days occurring during the period beginning on the Closing Date and ending on the Expiration Date, one half (1/2) of the Earn-out RSUs shall vest. If the RSU Performance Milestones are not met during the RSU Earn-out Period, then the applicable Earn-out RSUs shall be automatically forfeited.
Documents
Issuer
Shapeways Holdings, Inc.
CIK 0001784851
Entity typeother
Related Parties
1- filerCIK 0001881954
Filing Metadata
- Form type
- 4
- Filed
- Sep 30, 8:00 PM ET
- Accepted
- Oct 1, 9:48 PM ET
- Size
- 11.7 KB