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*
Neumann Adam

(Last) (First) (Middle)
88 UNIVERSITY PLACE, 10TH FLOOR

(Street)
NEW YORK NY 10003

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/20/2021
3. Issuer Name and Ticker or Trading Symbol
WeWork Inc. [ WE ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
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)
Class C common stock(1)(2) 19,896,032 D
Class A common stock(3) 544,353 I See footnote(3)
Class A common stock(4) 47,792,578 I See footnote(4)
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
WeWork Partnerships Profits Interest Units(2) (2) (2) Class A common stock 19,896,032 (2) D
Explanation of Responses:
1. Shares of Class C common stock of the Issuer ("Class C common stock") carry one vote per share but no economic rights (including no rights to dividends and distributions upon liquidation) and are issued in an equal amount to the number of Profits Interest Units (the "WeWork Partnership Profits Interest Units") of The We Company Management Holdings L.P. (the "Partnership").
2. Pursuant to the terms of the Third Amended and Restated Agreement of Exempted Limited Partnership of the Partnership, effective as of October 20, 2021, by and among the Partnership and the parties listed thereto (the "LPA"), WeWork Partnership Profits Interest Units, together with a corresponding number of shares of Class C common stock, may be (a) converted into WeWork Partnership Class A Common Units or (b) exchanged (along with the corresponding shares of Class C common stock) for shares of Class A common stock of the Issuer or for cash of an equivalent value. The exchange rights under the LPA do not expire.
3. Reflects 544,353 shares of Class A common stock held, in the aggregate, by ANINCENTCO1 LLC, ANINCENTCO2 LLC AND ANINCENTCO3 LLC, of which the reporting person is the managing member.
4. Reflects 47,792,578 shares of Class A common stock held by WE Holdings LLC, over which the reporting person has a pecuniary interest.
/s/ Adam Neumann 11/08/2021
** 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).
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