Stephen A. Vogel - 11 Apr 2022 Form 4/A - Amendment Insider Report for Microvast Holdings, Inc. (MVST)

Role
Director
Signature
/s/ Sarah Alexander, attorney-in-fact
Issuer symbol
MVST
Transactions as of
11 Apr 2022
Net transactions value
$0
Form type
4/A - Amendment
Filing time
28 Jun 2022, 19:44:14 UTC
Date Of Original Report
13 Apr 2022
Previous filing
06 Aug 2021
Next filing
06 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVST Common Stock Other -5,404,320 -100% 0 11 Apr 2022 By Tuscan Holdings Acquisition LLC F1, F2
transaction MVST Common Stock Other +3,849,070 +2282% 4,017,720 11 Apr 2022 Direct F1

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
transaction MVST Warrants Other -391,012 -100% 0 11 Apr 2022 Common Stock 391,012 $11.50 By Tuscan Holdings Acquisition LLC F2, F3
transaction MVST Warrants Other +512 +0.34% 150,512 11 Apr 2022 Common Stock 512 $11.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 3,849,070 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 512 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.

Remarks:

1. The original Form 4, filed on April 13, 2022, is amended by this form solely to correct an administrative error which incorrectly calculated the number of shares of common stock and warrants received by the reporting person from the Sponsor following the distribution described herein.