Schneider Jacqueline D. 4
4 · Tempo Automation Holdings, Inc. · Filed Nov 25, 2022
Insider Transaction Report
Form 4
Schneider Jacqueline D.
Director
Transactions
- Award
Common Stock
2022-11-22+42,630→ 42,630 total - Award
Stock Option
2022-11-22+426→ 426 totalExercise: $5.52Exp: 2031-01-26→ Common Stock (426 underlying) - Award
Stock Option
2022-11-22+21,712→ 21,712 totalExercise: $8.86Exp: 2031-03-28→ Common Stock (21,712 underlying) - Award
Stock Option
2022-11-22+852→ 852 totalExercise: $5.52Exp: 2030-07-28→ Common Stock (852 underlying)
Footnotes (4)
- [F1]Pursuant to the business combination of ACE Convergence Acquisition Corp. and Tempo Automation, Inc. ("Legacy Tempo"), as contemplated by an agreement and plan of merger, dated August 12, 2022 and as amended on September 7, 2022 and September 23, 2022 (amended, the "Merger Agreement"), each share of common stock, stock option and award of restricted stock unit of Legacy Tempo was cancelled and automatically converted into the right to receive securities of the Issuer with the same terms and conditions in accordance with an exchange ratio described in the Merger Agreement.
- [F2]Reflects restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and does not expire.
- [F3]The stock option is fully vested and exercisable.
- [F4]The stock option vests and is exercisable in 24 substantially equal monthly installments beginning on April 29, 2021.