Garth Mitchell - Jan 1, 2022 Form 4 Insider Report for Latch, Inc. (LTCH)

Role
CFO & Treasurer
Signature
/s/ Priyen Patel, Attorney-in-fact
Stock symbol
LTCH
Transactions as of
Jan 1, 2022
Transactions value $
-$102,475
Form type
4
Date filed
1/4/2022, 08:18 PM
Previous filing
Oct 5, 2021
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTCH Common Stock Tax liability -$102K -13.5K -2.66% $7.57* 496K Jan 1, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer in connection with the reporting person's net share settlement to satisfy tax liability based upon the vesting of 31,191 restricted stock units ("RSUs") granted to the reporting person on September 13, 2021. The reporting person sold no shares to satisfy this tax liability.
F2 Includes RSUs granted to the reporting person on September 13, 2021, 311,916 of which remain unvested as of the date hereof. The RSUs vest quarterly in 12 equal installments over three years, with an initial vesting date of October 1, 2021.