Wen HSIEH - Feb 10, 2023 Form 4 Insider Report for Movella Holdings Inc. (MVLA)

Signature
By: /s/ Dennis Calderon, Attorney-in-fact for Wen H. Hsieh
Stock symbol
MVLA
Transactions as of
Feb 10, 2023
Transactions value $
$0
Form type
4
Date filed
2/13/2023, 04:53 PM
Previous filing
Sep 16, 2022
Next filing
May 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MVLA Common Stock Award +5.19M 5.19M Feb 10, 2023 By Kleiner Perkins Caufield & Byers XIII, LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Wen H. Hsieh is a Managing Member of Kleiner Perkins Caufield & Byers XIII, LLC ("KPCB XIII"). Mr. Hsieh disclaims beneficial ownership of all shares held by KPCB XIII except to the extent of his pecuniary interest therein.
F2 Reflects securities acquired pursuant to the terms of the Business Combination Agreement, dated as of October 3, 2022 (the "Business Combination Agreement"), entered into by and among Pathfinder Acquisition Corporation (which subsequently changed its name to "Movella Holdings Inc.", the "Issuer"), Motion Merger Sub, Inc. and Movella Inc., pursuant to which the Issuer acquired Movella Inc. (the "Business Combination"). Pursuant to the terms of the Business Combination Agreement, each share of Movella Inc. common stock outstanding and each Movella Inc. option outstanding immediately prior to the closing of the Business Combination was entitled to receive 0.4887409556 shares of Issuer common stock or option, respectively. The Business Combination closed on February 10, 2023 (the "Closing Date").