Sec Form 3 Filing - Lux Ventures IV, L.P. @ Latch, Inc. - 2021-06-04

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Lux Ventures IV, L.P.
2. Issuer Name and Ticker or Trading Symbol
Latch, Inc. [ LTCH]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O LUX CAPITAL MANAGEMENT, 920 BROADWAY, 11TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
06/04/2021
(Street)
NEW YORK, NY10010
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 9,637,958 ( 1 ) I By Lux Ventures IV, L.P. ( 2 )
Common Stock 5,442,657 ( 1 ) I By Lux Co-Invest Opportunities, L.P. ( 2 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lux Ventures IV, L.P.
C/O LUX CAPITAL MANAGEMENT
920 BROADWAY, 11TH FLOOR
NEW YORK, NY10010
X
Lux Venture Partners IV, LLC
C/O LUX CAPITAL MANAGEMENT,
920 BROADWAY, 11TH FLOOR
NEW YORK, NY10010
X
Lux Co-Invest Opportunities, L.P.
C/O LUX CAPITAL MANAGEMENT,
920 BROADWAY, 11TH FLOOR
NEW YORK, NY10010
X
Lux Co-Invest Partners, LLC
C/O LUX CAPITAL MANAGEMENT,
920 BROADWAY, 11TH FLOOR
NEW YORK, NY10010
X
Hebert Peter
C/O LUX CAPITAL MANAGEMENT,
920 BROADWAY, 11TH FLOOR
NEW YORK, NY10010
X
Wolfe Josh
C/O LUX CAPITAL MANAGEMENT,
920 BROADWAY, 11TH FLOOR
NEW YORK, NY10010
X
Signatures
Lux Ventures IV, L.P., By: Lux Venture Partners IV, LLC, its general partner, By: /s/ Peter Hebert, Name: Peter Herbert, Title: Manager 06/08/2021
Signature of Reporting Person Date
Lux Venture Partners IV, LLC, By: /s/ Peter Hebert, Name: Peter Herbert, Title: Manager 06/08/2021
Signature of Reporting Person Date
Lux Co-Invest Opportunities, L.P., By: Lux Co-Invest Partners, LLC, its general partner, By: /s/ Peter Hebert, Name: Peter Herbert, Title: Manager 06/08/2021
Signature of Reporting Person Date
Lux Co-Invest Partners, LLC, By: /s/ Peter Hebert, Name: Peter Herbert, Title: Manager 06/08/2021
Signature of Reporting Person Date
/s/ Peter Hebert 06/08/2021
Signature of Reporting Person Date
/s/ Josh Wolfe 06/08/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )Lux Venture Partners IV, LLC is the general partner of Lux Ventures IV, L.P. and exercises voting and dispositive power over the shares held by Lux Ventures IV, L.P. Lux Co-Invest Partners, LLC is the general partner of Lux Co-Invest Opportunities, L.P. and exercises voting and dispositive power over the shares held by Lux Co-Invest Opportunities, L.P. Peter Hebert and Josh Wolfe are the sole managers of Lux Venture Partners IV, LLC and Lux Co-Invest Partners, LLC and may be deemed to share voting and dispositive power for the shares held by each of Lux Ventures IV, L.P. and Lux Co-Invest Opportunities, L.P. Each of Lux Venture Partners IV, LLC, Lux Co-Invest Partners, LLC, Peter Hebert and Josh Wolfe disclaim beneficial ownership over the shares reported herein except to the extent of their pecuniary interest therein.

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