0000899243-23-006353.txt : 20230228 0000899243-23-006353.hdr.sgml : 20230228 20230228114741 ACCESSION NUMBER: 0000899243-23-006353 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230221 FILED AS OF DATE: 20230228 DATE AS OF CHANGE: 20230228 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Swidler Pamela CENTRAL INDEX KEY: 0001967250 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39419 FILM NUMBER: 23681103 MAIL ADDRESS: STREET 1: 177 9TH AVENUE STREET 2: APT. 3C CITY: NEW YORK STATE: NY ZIP: 10011 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: WeWork Inc. CENTRAL INDEX KEY: 0001813756 STANDARD INDUSTRIAL CLASSIFICATION: OPERATORS OF NONRESIDENTIAL BUILDINGS [6512] IRS NUMBER: 851144904 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 75 ROCKEFELLER PLAZA STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: (646) 389-3922 MAIL ADDRESS: STREET 1: 75 ROCKEFELLER PLAZA STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: BowX Acquisition Corp. DATE OF NAME CHANGE: 20200601 3 1 doc3.xml FORM 3 SUBMISSION X0206 3 2023-02-21 0 0001813756 WeWork Inc. WE 0001967250 Swidler Pamela 75 ROCKEFELLER PLAZA, 10TH FL NEW YORK NY 10019 0 1 0 0 See Remarks Common Stock 21067 D Common Stock 6196 D Common Stock 13769 D Common Stock 33333 D Common Stock 7184 D Stock Option (right to buy) 4.99 2026-08-04 Common Stock 3098 D Stock Option (right to buy) 4.99 2027-01-18 Common Stock 3178 D Stock Option (right to buy) 4.99 2028-06-12 Common Stock 547 D Stock Option (right to buy) 4.99 2029-03-29 Common Stock 8762 D Stock Option (right to buy) 2.55 2030-02-10 Common Stock 19828 D Represents unvested restricted stock units ("RSUs") granted on January 26, 2021 that convert into common stock on a one-for-one basis. The RSUs will vest on January 26, 2024. Represents unvested RSUs granted on August 10, 2021 that convert into common stock on a one-for-one basis. The RSUs will vest in equal installments on July 15, 2023 and July 15, 2024. Represents unvested RSUs granted on March 22, 2022 that convert into common stock on a one-for-one basis. The RSUs will vest in equal installments on January 10, 2024 and January 10, 2025. Represents unvested RSUs granted on March 22, 2022 that convert into common stock on a one-for-one basis. The RSUs will vest in equal installments on January 10, 2024 and January 10, 2025; provided however, that if the Issuer achieves a certain earnings before interest, taxes, depreciation, and amortization ("EBITDA") milestone no later than December 31, 2023, all of the RSUs will vest on January 10, 2024. Represents outstanding, unexercised stock options to purchase common stock granted on August 4, 2016. The options are fully vested and exercisable. Represents outstanding, unexercised stock options to purchase common stock granted on January 18, 2017. The options are fully vested and exercisable. Represents outstanding, unexercised stock options to purchase common stock granted on June 12, 2018. The options are fully vested and exercisable. Represents outstanding, unexercised stock options to purchase common stock granted on March 29, 2019. 25% of the options are vested and exercisable, 15% of the remaining options vest on each of March 16, 2023, March 16, 2024 and March 16, 2025, and the remaining 30% of the options vest on March 16, 2026. Represents outstanding, unexercised portion of stock options to purchase common stock granted on June 18, 2020. The options are fully vested and exercisable. Exhibit 24 - Power of Attorney Chief Legal Officer, Chief Compliance Officer and Secretary /s/ Pamela Swidler 2023-02-28 EX-24 2 attachment1.htm EX-24 DOCUMENT
                               POWER OF ATTORNEY

      Know all by these presents that the undersigned hereby constitutes and
appoints Jared DeMatteis as the undersigned's true and lawful primary attorney-
in-fact and Jane Wang as the undersigned's secondary attorney-in-fact to:

    (1)   execute for and on behalf of the undersigned, in the undersigned's
capacity as a beneficial owner of WeWork, Inc. (the "Company"), Forms 3, 4, and
5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and
the rules thereunder;

    (2)   do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to complete and execute any such Form 3, 4,
or 5 ,complete and execute any amendment or amendments thereto, and timely file
such form with the U.S. Securities and Exchange Commission (the "SEC'') and any
securities exchange or similar authority; and

    (3)   take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by  such  attorney-in-fact on  behalf  of
the  undersigned  pursuant  to  this Power  of Attorney shall be in such form
and shall contain such terms and conditions as such attorney-in-fact may approve
in such attorney-in-fact's discretion.

      The undersigned hereby grants to the attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary, or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might
or could do if personally present, with full power of substitution or
revocation, hereby ratifying and confirming all that such attorney-in-fact, or
such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to
be done by virtue of this power of attorney and the rights and powers herein
granted. The undersigned also ratifies hereby any action previously taken by the
attorney-in-fact  that would have been authorized by this power of attorney if
it has been in effect at the time such action was taken. The undersigned
acknowledges that the foregoing attorney-in-fact, in serving in such capacity at
the request of the undersigned, is not assuming, nor is the Company assuming,
any of the undersigned's responsibilities to comply with Section 16 of the
Securities Exchange Act of 1934. The primary and secondary attorneys-in-fact may
act separately.

      This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, and 5 with respect  to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorney-in-fact.

      IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to
be executed as of this 13 day of February, 2023.


                                              /s/ Pamela Swidler
                                              ---------------------------
                                              Name: Pamela Swidler