0000899243-21-022609.txt : 20210608
0000899243-21-022609.hdr.sgml : 20210608
20210608191145
ACCESSION NUMBER: 0000899243-21-022609
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210604
FILED AS OF DATE: 20210608
DATE AS OF CHANGE: 20210608
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Schoenfelder Luke
CENTRAL INDEX KEY: 0001865761
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39688
FILM NUMBER: 211003514
MAIL ADDRESS:
STREET 1: 508 WEST 26TH STREET, SUITE 6G
CITY: NEW YORK
STATE: NY
ZIP: 10001
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Latch, Inc.
CENTRAL INDEX KEY: 0001826000
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-DETECTIVE, GUARD & ARMORED CAR SERVICES [7381]
IRS NUMBER: 464779711
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 508 WEST 26TH STREET
STREET 2: SUITE 6G
CITY: NEW YORK
STATE: NY
ZIP: 10001
BUSINESS PHONE: (917) 338-3915
MAIL ADDRESS:
STREET 1: 508 WEST 26TH STREET
STREET 2: SUITE 6G
CITY: NEW YORK
STATE: NY
ZIP: 10001
FORMER COMPANY:
FORMER CONFORMED NAME: TS Innovation Acquisitions Corp.
DATE OF NAME CHANGE: 20200924
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-06-04
0
0001826000
Latch, Inc.
LTCH
0001865761
Schoenfelder Luke
C/O LATCH, INC.
508 WEST 26TH STREET, SUITE 6G
NEW YORK
NY
10001
1
1
0
0
Chief Executive Officer
Common Stock
2021-06-04
4
A
0
1175907
A
1175907
D
Stock Option
0.23
2021-06-04
4
A
0
1795003
A
2026-05-11
Common Stock
1795003
1795003
D
Stock Option
0.68
2021-06-04
4
A
0
3128391
A
2028-11-06
Common Stock
3128391
3128391
D
Pursuant to the business combination of TS Innovation Acquisitions Corp. and Latch, Inc. ("Legacy Latch"), each share of Legacy Latch outstanding common and preferred stock and each outstanding convertible note was automatically converted into the right to receive shares of the Issuer's Common Stock based on a 1-to-0.8971 conversion ratio (the "Conversion Ratio"). In addition, each outstanding Legacy Latch equity award was automatically converted into a corresponding equity award of the Issuer based on the Conversion Ratio and with the same terms and vesting conditions as the Legacy Latch equity awards.
The stock option is fully vested.
The stock option is currently vested and exercisable as to 2,150,768 of the underlying shares, and the remaining shares will vest in equal monthly installments until fully vested on August 9, 2022.
/s/ Priyen Patel, Attorney-in-fact
2021-06-08