Garth Mitchell - Feb 28, 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
Feb 28, 2022
Transactions value $
$41,343
Form type
4
Date filed
3/2/2022, 05:37 PM
Previous filing
Jan 4, 2022
Next filing
Apr 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTCH Common Stock Options Exercise $41.3K +60.8K +12.25% $0.68 557K Feb 28, 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 LTCH Stock Option Options Exercise $0 -60.8K -29.41% $0.00 146K Feb 28, 2022 Common Stock 60.8K $0.68 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The stock option will vest in equal monthly installments until fully vested on February 18, 2023.