Masarek Alan Form 4 Wejo / ALAN MASAREK ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MASAREK ALAN

(Last) (First) (Middle)

CANON'S COURT 22 VICTORIA STREET

(Street)

HAMILTON H12 D0 HM12

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Wejo Group Ltd [ WEJO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
Former Director

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2022

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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 Shares	09/27/2022		A		319,444(1)	A	$0	591,163	D
Common Shares	09/27/2022		A		25,000(2)	A	$0	616,163	D

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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
Exchangeable Rights (right to buy)	$11.5	09/16/2022		A		883,928		11/18/2022	11/18/2026	Common Shares(3)	883,928	$0	883,928	D

Explanation of Responses:

1. Represents common shares distributed to the Reporting Person on the dissolution (the "Dissolution") of Virtuoso Sponsor LLC, a Delaware limited liability company (the "Sponsor"), and distribution of all of the Sponsor's assets, comprised of common shares of Wejo Group Limited and exchangeable preferred shares of Wejo Bermuda Limited (the "Exchangeable Rights"), to its members (the "Members") pursuant to that certain Amended and Restated Limited Liability Company Operating Agreement of the Sponsor, dated as of January 15, 2021 (the "LLC Agreement"), on a pro rata basis in accordance with each Member's percentage interest in the Sponsor.

2. Represents common shares distributed to the Reporting Person in connection with the Dissolution of the Sponsor in consideration of the Reporting Person's prior service as a member of the Board of Directors of the Sponsor.

3. Represents Exchangeable Rights distributed to the Reporting Person in connection with the Dissolution of the Sponsor on a pro rata basis in accordance with the Reporting Person's percentage interest in theSponsor.

Remarks:

	/s/ Mina Bhama, attorney-in-fact for Alan Masarek	12/06/2022
	** 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 4 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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