Vogel Stephen A 4
4 · Microvast Holdings, Inc. · Filed Apr 13, 2022
Insider Transaction Report
Form 4
Vogel Stephen A
DirectorChief Executive Officer10% Owner
Transactions
- Other
Common Stock
2022-04-11+3,856,070→ 4,024,720 total - Other
Common Stock
2022-04-11−5,404,320→ 0 total(indirect: By LLC) - Other
Warrants
2022-04-11−391,012→ 0 total(indirect: By LLC)Exercise: $11.50From: 2021-08-23Exp: 2026-07-23→ Common Stock (391,012 underlying) - Other
Warrants
2022-04-11+4,012→ 154,012 totalExercise: $11.50From: 2021-08-23Exp: 2026-07-23→ Common Stock (4,012 underlying)
Footnotes (3)
- [F1]Represents a transfer of an aggregate of 5,404,320 shares of common stock held by Tuscan Holdings Acquisition LLC, a Delaware limited liability company (the "Sponsor") in a pro rata distribution to its members, including 3,856,070 shares of common stock to the Reporting Person. As a member of the Sponsor who was entitled to a distribution of private placement shares in accordance with the Sponsor's operating agreement, the Reporting Person previously may have been deemed to be an indirect beneficial owner of the securities previously held directly by the Sponsor.
- [F2]The Reporting Person is the sole managing member of this entity.
- [F3]Represents a transfer of an aggregate of 391,012 warrants previously held by the Sponsor in a pro rata distribution to its members, including 4,012 warrants to the Reporting Person. As a member of the Sponsor who was entitled to a distribution of private placement warrants in accordance with the Sponsor's operating agreement, the Reporting Person previously may have been deemed to be an indirect beneficial owner of the securities previously held directly by the Sponsor.