0001826000-21-000040.txt : 20210824
0001826000-21-000040.hdr.sgml : 20210824
20210824183509
ACCESSION NUMBER: 0001826000-21-000040
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210820
FILED AS OF DATE: 20210824
DATE AS OF CHANGE: 20210824
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sugrue Andrew
CENTRAL INDEX KEY: 0001865031
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39688
FILM NUMBER: 211203224
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: WHOLESALE-HARDWARE [5072]
IRS NUMBER: 853087759
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
wf-form4_162984449423703.xml
FORM 4
X0306
4
2021-08-20
0
0001826000
Latch, Inc.
LTCH
0001865031
Sugrue Andrew
C/O LATCH, INC.
508 WEST 26TH STREET, SUITE 6G
NEW YORK
NY
10001
1
0
0
0
Common Stock
2021-08-20
4
A
0
32468
0
A
32468
D
Common Stock
2021-08-20
4
A
0
4795
0
A
37263
D
Common Stock
7901893
I
By Avenir Latch Investors, LLC
Common Stock
6981953
I
By Avenir Latch Investors II, LLC
Common Stock
6551705
I
By Avenir Latch Investors III, LLC
Represents restricted stock units ("RSUs") granted to the reporting person on August 20, 2021. All of such RSUs will vest, and an equal number of shares of common stock will be deliverable to the reporting person, on the earlier of August 20, 2022 or immediately prior to the election of the nominees for director at the 2022 annual meeting of stockholders of the Issuer.
Represents RSUs granted to the reporting person on August 20, 2021 that such reporting person elected to receive in place of an annual cash retainer for service on the Issuer's board of directors beginning June 4, 2021. One-fourth of such RSUs were vested, and an equal number of shares of common stock were delivered to the reporting person, upon issuance, and the remaining three-fourths vest in equal installments on October 1, 2021, January 1, 2022 and April 1, 2022.
Avenir Management Company, LLC is the manager of each of Avenir Latch Investors, LLC, Avenir Latch Investors II, LLC and Avenir Latch Investors III, LLC. Avenir Management Company, LLC is controlled by an investment committee comprised of Andrew Sugrue and James M. Reynolds, IV. As a result, each of Avenir Management Company, LLC and Messrs. Sugrue and Reynolds may be deemed to share beneficial ownership over the securities reported herein. Each of Messrs. Sugrue and Reynolds disclaims any such beneficial ownership except to the extent of their pecuniary interests therein.
/s/ Priyen Patel, Attorney-in-fact
2021-08-24