Rising Tide V, LLC 4
4 · CITIC Capital Acquisition Corp. · Filed Feb 11, 2022
Insider Transaction Report
Form 4
Rising Tide V, LLC
10% Owner
Transactions
- Award
Common Stock
2022-02-08+19,871,316→ 19,871,316 total - Award
Common Stock Warrant (right to buy)
2022-02-08+4,731,078→ 4,731,078 totalExercise: $0.01Exp: 2025-03-24→ Common Stock (4,731,078 underlying)
Footnotes (3)
- [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]Immediately exercisable.
- [F3]Received in connection with the Business Combination in exchange for warrants to acquire 1,219,367 shares of common stock of Legacy Quanergy for $0.01 per share.