Wenjuan Mattis - Jan 23, 2025 Form 4 Insider Report for Microvast Holdings, Inc. (MVST)

Role
Chief Technology Officer (CTO)
Signature
/s/ Wenjuan Mattis
Stock symbol
MVST
Transactions as of
Jan 23, 2025
Transactions value $
$0
Form type
4
Date filed
1/27/2025, 09:52 PM
Previous filing
Nov 21, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVST Common Stock Award +100K +14.23% 803K Jan 23, 2025 Direct F1
transaction MVST Common Stock Award +5.65K +0.7% 808K Jan 23, 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted under the Microvast Holdings, Inc. 2021 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units vest in equal installments on each of December 31, 2025, 2026 and 2027.
F2 Represents shares of the Issuer's common stock earned in respect of performance stock units, as certified by the Compensation Committee of the Board of Directors of the Issuer on January 23, 2023 based on achievement of the applicable performance conditions over the applicable performance period.