SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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*
WARD ZACHARIAH

(Last) (First) (Middle)
12603 SOUTHWEST FREEWAY, SUITE 300

(Street)
STAFFORD TX 77477

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/24/2023
3. Issuer Name and Ticker or Trading Symbol
Microvast Holdings, Inc. [ MVST ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, Microvast Energy
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 162,635(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to Buy) (2) 07/07/2032 Common Stock 500,000 2.42 D
Explanation of Responses:
1. Includes (i) 75,000 restricted stock units ("RSUs") granted pursuant to the Issuer's 2021 Equity Incentive Plan (the "Plan") that vest in equal one-third installments on each of the first, second and third anniversaries of January 31, 2023, (ii) 75,000 RSUs granted pursuant to the Plan that vest on January 31, 2026 and (iii) 8,424 RSUs granted pursuant to the Plan that vest in equal installments on the second and third anniversaries of January 31, 2022, in each case subject to the Reporting Person's continued service with the Issuer on the applicable vesting date.
2. The shares underlying this option vest in equal one-third installments on each of the first, second and third anniversaries of the grant date.
/s/ Zachariah Ward 03/06/2023
** 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 5 (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.
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