Liang Zhou - 07 Jun 2022 Form 3 Insider Report for PHOENIX MOTOR INC. (PEV)

Signature
/s/ Liang Lance Zhou
Issuer symbol
PEV
Transactions as of
07 Jun 2022
Transactions value $
$0
Form type
3
Filing time
07 Oct 2022, 13:20:23 UTC
Next filing
07 Oct 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding PEV Options 07 Jun 2022 Common Stock 350K $1.72 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock which options vest over four years, provided Dr. Zhou remains in continuous service with Phoenix during the vesting period, with 25% vesting on each of the first, second, third and fourth anniversary of the grant date.