4//SEC Filing
Signore Enzo 4
Accession 0001179110-22-001053
CIK 0001794621other
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 9:21 PM ET
Size
15.8 KB
Accession
0001179110-22-001053
Insider Transaction Report
Form 4
Signore Enzo
Chief Marketing Officer
Transactions
- Award
Stock Option (right to buy)
2022-02-08+155,196→ 155,196 totalExercise: $12.74Exp: 2029-08-21→ Common Stock (155,196 underlying) - Award
Restricted Stock Unit
2022-02-08+10,479→ 10,479 total→ Common Stock (10,479 underlying) - Award
Restricted Stock Unit
2022-02-08+157,199→ 157,199 total→ Common Stock (157,199 underlying) - Award
Restricted Stock Award
2022-02-08+1,012→ 1,012 total→ Common Stock (1,012 underlying) - Award
Restricted Stock Unit
2022-02-08+334,501→ 334,501 total→ Common Stock (334,501 underlying)
Footnotes (8)
- [F1]Received pursuant the Agreement and Plan of Merger, dated as of June 21, 2021, as amended, by and among CITIC Capital Acquisition Corp. ("CCAC"), CITIC Capital Merger Sub Inc. ("Merger Sub") and Quanergy Systems, Inc., a Delaware corporation ("Legacy Quanergy") pursuant to which Merger Sub merged with and into Legacy Quanergy (the "Business Combination"), whereupon the separate existence of Merger Sub ceased and Legacy Quanergy was the surviving company and wholly owned subsidiary of CCAC which subsequently changed its name to Quanergy Systems, Inc. (the "Issuer").
- [F2]One fourth (1/4) of the total number of shares to vest on the first anniversary of July 16, 2019 (the "Vesting Calculation Date"). Thereafter, shares vest at the rate of one forty-eighth (1/48) per calendar month on the last day of each of the thirty-five (35) months following the month of the first anniversary of the Vesting Calculation Date and the final one forty-eighth (1/48) shall vest on the fourth anniversary of the Vesting Calculation Date. All vesting ceases upon separation from service.
- [F3]Received in connection with Business Combination in exchange for option to acquire 40,000 shares of common stock of Legacy Quanergy for $49.43 per share.
- [F4]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F5]Fully vested.
- [F6]One-twelfth (I/12th) vests quarterly from November 2, 2020 provided Participant has not terminated Service on each applicable date (February 15, May 15, August 15, and November 15).
- [F7]In connection with Business Combination, this Legacy Quanergy's outstanding RSU award was converted into an RSU award denominated in shares of Issuer's common stock. The RSU award is fully vested.
- [F8]In connection with Business Combination, this Legacy Quanergy's outstanding RSU award was converted into an RSU award denominated in shares of Issuer's common stock. The unvested portion of the outstanding RSU award will continue to vest as described in footnote 6 subject to the reporting person's continued service with the Issuer through the applicable vesting date.
Documents
Issuer
CITIC Capital Acquisition Corp.
CIK 0001794621
Entity typeother
Related Parties
1- filerCIK 0001908402
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 9:21 PM ET
- Size
- 15.8 KB