0000899243-22-018989.txt : 20220520 0000899243-22-018989.hdr.sgml : 20220520 20220520120439 ACCESSION NUMBER: 0000899243-22-018989 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220518 FILED AS OF DATE: 20220520 DATE AS OF CHANGE: 20220520 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PAREKH DEVEN CENTRAL INDEX KEY: 0001167883 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39419 FILM NUMBER: 22946417 MAIL ADDRESS: STREET 1: INSIGNT CAPITAL PARTNERS STREET 2: 680 FIFTH AVE 9TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: WeWork Inc. CENTRAL INDEX KEY: 0001813756 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 851144904 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 575 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (646) 389-3922 MAIL ADDRESS: STREET 1: 575 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: BowX Acquisition Corp. DATE OF NAME CHANGE: 20200601 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2022-05-18 0 0001813756 WeWork Inc. WE 0001167883 PAREKH DEVEN C/O INSIGHT PARTNERS 1114 AVENUE OF THE AMERICAS, 36TH FLOOR NEW YORK NY 10036 1 0 0 0 Common Stock 2022-05-18 4 A 0 44444 0.00 A 59103 D Common Stock 12500000 I See Footnotes Represents the award of time-based restricted stock units ("RSUs") that convert into common stock on a one-for-one basis. The RSUs vest on the day immediately prior to the Issuer's next annual shareholders meeting, subject to continued service on the Issuer's Board of Directors. See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 /s/ Deven Parekh, by Jared DeMatteis as Attorney-in-Fact 2022-05-20 EX-99.1 2 attachment1.htm EX-99.1 DOCUMENT

                                                                    Exhibit 99.1

                                  EXHIBIT 99.1

                            EXPLANATION OF RESPONSES


(2) Insight Partners XII, L.P. ("IP XII") holds 4,519,074 Shares of common stock
of the Issuer ("Shares" and each, a "Share"), Insight Partners XII (Co-
Investors), L.P. ("IP Co- Investors") holds 6,476 Shares, Insight Partners XII
(Co-Investors) (B), L.P. ("IP Co-Investors B") holds 116,625 Shares, Insight
Partners (Cayman) XII, L.P. ("IP Cayman") holds 6,365,864 Shares, Insight
Partners (Delaware) XII, L.P. ("IP Delaware") holds 460,931 Shares and Insight
Partners (EU) XII, S.C.Sp. ("IP EU" ) holds 1,031,030 Shares.

(3) The reporting person is a member of the board of managers of Insight
Holdings Group, LLC ("Holdings"). Holdings is the sole shareholder of Insight
Associates XII, Ltd. ("IVA XII Ltd"), which in turn is the general partner of
Insight Associates XII, L.P. ("IVA XII LP"), which in turn is the general
partner of each of IP XII, IP Co-Investors, IP Co-Investors B, IP Cayman and IP
Delaware (collectively, the "Fund XII Entities", and collectively with IP EU,
"Fund XII"). Holdings is the sole shareholder of Insight Associates (EU) XII,
S.a.r.l. ("IA EU XII"), which in turn is the general partner of IP EU.

(4) All Shares indicated as indirectly owned by the reporting person are
included herein because the reporting person is a member of the board of
managers of Holdings, Holdings is the sole shareholder of IVA XII Ltd, IVA XII
Ltd is the general partner of IVA XII LP, IVA XII LP is the general partners of
the Fund XII Entities, Holdings is the sole shareholder of IA EU XII, IA EU XII
is the general partner of IP EU and the reporting person therefore may be deemed
to share voting and dispositive power over such shares. The reporting person
disclaims beneficial ownership of all Shares held of record by Fund XII, except
to the extent of his pecuniary interest therein.