Amended Statement of Changes in Beneficial Ownership (4/a)
29 June 2022 - 9:45AM
Edgar (US Regulatory)
FORM 4
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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Vogel Stephen A |
2. Issuer Name and Ticker or Trading Symbol
Microvast Holdings, Inc.
[
MVST
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Last)
(First)
(Middle)
12603 SOUTHWEST FREEWAY, SUITE 210 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
4/11/2022 |
(Street)
STAFFORD, TX 77477
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
4/13/2022 |
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 4/11/2022 | | J(1) | | 5404320 | D | (1) | 0 | I | By Tuscan Holdings Acquisition LLC (2) |
Common Stock | 4/11/2022 | | J(1) | | 3849070 | A | (1) | 4017720 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Warrants | $11.5 | 4/11/2022 | | J (3) | | | 391012 | 8/23/2021 | 7/23/2026 | Common Stock | 391012.0 | (3) | 0 | I | By Tuscan Holdings Acquisition LLC (2) |
Warrants | $11.5 | 4/11/2022 | | J (3) | | 512 | | 8/23/2021 | 7/23/2026 | Common Stock | 512.0 | (3) | 150512 | D | |
Explanation of Responses: |
(1) | 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. |
(2) | The Reporting Person is the sole managing member of this entity. |
(3) | 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. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Vogel Stephen A 12603 SOUTHWEST FREEWAY, SUITE 210 STAFFORD, TX 77477 | X |
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Signatures
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/s/ Sarah Alexander, attorney-in-fact | | 6/28/2022 |
**Signature of Reporting Person | Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
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