ACE Convergence Acquisition (ACEV) executive Park acquired 10,000 shares
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Insider transactions reported
Minyoung Park (executive at ACE Convergence Acquisition Corp., ACEV) reported that they acquired 10,000 shares on Nov 22, 2022. After these transactions the filing shows 10,000 shares held directly.
- Reporting person
- Park Minyoung
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Nov 22, 2022 | Exercise or conversion of a derivative (M) | Common Stock1 | +10,000 | - | - | 10,000 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Nov 22, 2022 | Exercise or conversion of a derivative (M) | Class B ordinary sharesOn 10,000 Common Stock1 | -10,000 | - | - | 0 direct |
Holdings before and after
- Common Stock: 0 to 10,000 direct
- Class B ordinary shares: 10,000 to 0 direct
Footnotes from the filing
- 1. On November 22, 2022, pursuant to that certain Amended and Restated Agreement and Plan of Merger, dated as of August 12, 2022, as amended, entered into by and among ACE Convergence Acquisition Corp. (the Issuer ), ACE Convergence Subsidiary Corp., a wholly owned subsidiary of the Issuer ( Merger Sub ), and Tempo Automation, Inc. ( Tempo ), Merger Sub merged with and into Tempo, with Tempo as the surviving corporation and a wholly owned subsidiary of the Issuer (the Business Combination ). After the closing of the Business Combination, the Issuer changed its name to Tempo Automation Holdings, Inc. In connection with the Business Combination, the Issuer domesticated as a Delaware corporation, and the Reporting Person's Class B ordinary shares of the Issuer, which were previously convertible into Class A ordinary shares of the Issuer, converted into shares of common stock of the Issuer simultaneously with the closing of the Business Combination.
Transaction codes in this filing
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
FAQ
What did Park report in this ACEV Form 4?
Minyoung Park (executive at ACE Convergence Acquisition Corp., ACEV) reported that they acquired 10,000 shares on Nov 22, 2022. After these transactions the filing shows 10,000 shares held directly.
How many ACEV shares does Park hold after this filing?
The filing shows 10,000 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code M mean on an SEC Form 4?
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
Historical context for ACEV
Earlier insider filings at ACEV
- Nov 26, 2022SEC Form 4: Chmielewski Raquel converted options into 35,000 shares
- Nov 26, 2022SEC Form 4: Tahernia Omid converted options into 35,000 shares
- Nov 26, 2022SEC Form 4: Klein Kenneth converted options into 40,000 shares
- Nov 26, 2022SEC Form 4: Ace Convergence Acquisition Llc was granted 2,129,106 shares
- Nov 26, 2022SEC Form 4: Siu Sunny acquired 1,078,500 shares
Quantisnow market dataNASDAQ
ACEV
ACE Convergence Acquisition Corp.
- Market cap
- 30-day
- Sector
- Technology
- Industry
- Semiconductors
- Listed since
- 2020
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