BRQSF

SEC source: 0001209191-19-017848 · doc4.xml · nonDerivative · entry 1

NORWEST VENTURE PARTNERS X L P · CIK 0001361181 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,135,740

F1 · kind: Shares were disposed via a pro-rata in-kind distribution of Issuer's Ordinary Shares from Norwest Venture Partners X, LP ("NVP X") to one of its limited partners.

F1 · price: Shares were disposed via a pro-rata in-kind distribution of Issuer's Ordinary Shares from Norwest Venture Partners X, LP ("NVP X") to one of its limited partners.

F2 · ownership.direct: The securities shown on Line 1 of Table 1 represent securities held of record by NVP X. These securities also include 102,258 Ordinary Shares held in an escrow account in which NVP X may be entitled to receive. By virtue of their position as co-Chief Executive Officers of NVP Associates, LLC, the managing member of the general partner of NVP X, Jeffrey Crowe, Promod Haque and Jon E. Kossow may be deemed to share voting and dispositive power over the shares held by NVP X. Messers. Crowe, Haque and Kossow disclaim beneficial ownership of all such securities, except to the extent of any pecuniary interest therein.

SEC source: 0001209191-19-005407 · doc4.xml · nonDerivative · entry 1

NORWEST VENTURE PARTNERS X L P · CIK 0001361181 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,635,740

F1 · date: On August 18, 2017, Borqs Technologies, Inc. (f/k/a Pacific Special Acquisition Corp.) (the "Issuer") issued 3,342,126 ordinary shares, no par value ("Ordinary Shares"), to Norwest Venture Partners X, LP ("NVP X") pursuant to terms of that certain Merger Agreement, dated December 27, 2016 and amended on May 10, 2017 and June 29, 2017 (as amended, the "Merger Agreement"), providing for the merger of the Issuer's wholly-owned subsidiary, PAAC Merger Subsidiary Limited with and into Borqs International Holding Corp ("Borqs International"), with Borqs International as the surviving entity and wholly-owned subsidiary of the Issuer.

F2 · date: Pursuant to the Merger Agreement and an escrow agreement entered into in connection with the closing of the merger, the Issuer issued certain Ordinary Shares to an escrow agent to be held in an indemnity escrow account, and NVP X, under certain circumstances, may be entitled to receive up to a maximum of 102,258 additional Ordinary Shares upon release of the escrowed shares. Such indemnity shares are included in the number of beneficially owned shares. Pursuant to the Merger Agreement and escrow agreement, NVP X also may be entitled to receive up to a maximum of 255,223 additional Ordinary Shares if the Issuer's Adjusted Net Income (as defined in the Merger Agreement) for the period between July 1, 2017 and June 30, 2018 is greater than $18,000,000. On July 31, 2018, the Issuer determined that 191,356 Ordinary Shares were issuable to NVP X pursuant to the Earnout Provisions.

F3 · date: (Continued from Footnote 2) NVP X's right to receive Ordinary Shares pursuant to the Indemnification Provisions and the Earnout Provisions in accordance with the Merger Agreement became fixed and irrevocable on August 18, 2017, the effective date of the merger.

F1 · kind: On August 18, 2017, Borqs Technologies, Inc. (f/k/a Pacific Special Acquisition Corp.) (the "Issuer") issued 3,342,126 ordinary shares, no par value ("Ordinary Shares"), to Norwest Venture Partners X, LP ("NVP X") pursuant to terms of that certain Merger Agreement, dated December 27, 2016 and amended on May 10, 2017 and June 29, 2017 (as amended, the "Merger Agreement"), providing for the merger of the Issuer's wholly-owned subsidiary, PAAC Merger Subsidiary Limited with and into Borqs International Holding Corp ("Borqs International"), with Borqs International as the surviving entity and wholly-owned subsidiary of the Issuer.

F2 · kind: Pursuant to the Merger Agreement and an escrow agreement entered into in connection with the closing of the merger, the Issuer issued certain Ordinary Shares to an escrow agent to be held in an indemnity escrow account, and NVP X, under certain circumstances, may be entitled to receive up to a maximum of 102,258 additional Ordinary Shares upon release of the escrowed shares. Such indemnity shares are included in the number of beneficially owned shares. Pursuant to the Merger Agreement and escrow agreement, NVP X also may be entitled to receive up to a maximum of 255,223 additional Ordinary Shares if the Issuer's Adjusted Net Income (as defined in the Merger Agreement) for the period between July 1, 2017 and June 30, 2018 is greater than $18,000,000. On July 31, 2018, the Issuer determined that 191,356 Ordinary Shares were issuable to NVP X pursuant to the Earnout Provisions.

F3 · kind: (Continued from Footnote 2) NVP X's right to receive Ordinary Shares pursuant to the Indemnification Provisions and the Earnout Provisions in accordance with the Merger Agreement became fixed and irrevocable on August 18, 2017, the effective date of the merger.

F4 · price: The Merger Agreement provides for the Ordinary Shares to be valued at $10.40 per Ordinary Share issuable pursuant to its terms, and no additional consideration was paid by NVP X for the Ordinary Shares issued in accordance with the Earnout Provisions.

F5 · ownership.direct: The securities shown on Line 1 of Table 1 represent securities held of record by NVP X. By virtue of their position as co-Chief Executive Officers of NVP Associates, LLC, the managing member of the general partner of NVP X, Jeffrey Crowe, Promod Haque and Jon E. Kossow may be deemed to share voting and dispositive power over the shares held by NVP X. Messers. Crowe, Haque and Kossow disclaim beneficial ownership of all such securities, except to the extent of any pecuniary interest therein.

SEC source: 0000899243-18-020585 · doc4.xml · nonDerivative · entry 1

INTEL CORP · CIK 0000050863 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Through wholly-owned subsidiary

Disclosed balance after: 4,410,280

F1 · security: On August 18, 2017, Borqs Technologies, Inc. (f/k/a Pacific Special Acquisition Corp.) (the "Issuer") issued 3,799,172 ordinary shares, no par value ("Ordinary Shares"), to Intel Capital Corporation ("Intel Capital"), a Delaware corporation and a wholly owned subsidiary of Intel, pursuant to terms of that certain Merger Agreement, dated December 27, 2016 and amended on May 10, 2017 and June 29, 2017 (as amended, the "Merger Agreement"), providing for the merger of the Issuer's wholly-owned subsidiary, PAAC Merger Subsidiary Limited with and into Borqs International Holding Corp ("Borqs International"), with Borqs International as the surviving entity and wholly-owned subsidiary of the Issuer. Pursuant to the Merger Agreement and an escrow agreement entered into in connection with the closing of the merger, the Issuer issued certain Ordinary Shares to an escrow agent to be held in an indemnity escrow account, and Intel Capital,

F2 · security: (Continued from Footnote 1) under certain circumstances, may be entitled to receive up to a maximum of 166,997 additional Ordinary Shares upon release of the escrowed shares (the "Indemnification Provisions"). Such indemnity shares are included in the number of beneficially owned shares. The Merger Agreement and escrow agreement also provided Intel Capital the right to receive up to 416,803 additional Ordinary Shares if the Issuer's adjusted net income (as defined in the Merger Agreement) for the period between July 1, 2017 and June 30, 2017 was greater than $18,000,000 (the "Earnout Provisions"). On July 3, 2018, the Issuer determined that 217,524 Ordinary Shares were issuable to Intel Capital pursuant to the Earnout Provisions. Intel's right to receive Ordinary Shares pursuant to the Indemnification Provisions and the Earnout Provisions in accordance with the Merger Agreement became fixed and irrevocable on August 18, 2017, the effective date of the merger.

F1 · date: On August 18, 2017, Borqs Technologies, Inc. (f/k/a Pacific Special Acquisition Corp.) (the "Issuer") issued 3,799,172 ordinary shares, no par value ("Ordinary Shares"), to Intel Capital Corporation ("Intel Capital"), a Delaware corporation and a wholly owned subsidiary of Intel, pursuant to terms of that certain Merger Agreement, dated December 27, 2016 and amended on May 10, 2017 and June 29, 2017 (as amended, the "Merger Agreement"), providing for the merger of the Issuer's wholly-owned subsidiary, PAAC Merger Subsidiary Limited with and into Borqs International Holding Corp ("Borqs International"), with Borqs International as the surviving entity and wholly-owned subsidiary of the Issuer. Pursuant to the Merger Agreement and an escrow agreement entered into in connection with the closing of the merger, the Issuer issued certain Ordinary Shares to an escrow agent to be held in an indemnity escrow account, and Intel Capital,

F2 · date: (Continued from Footnote 1) under certain circumstances, may be entitled to receive up to a maximum of 166,997 additional Ordinary Shares upon release of the escrowed shares (the "Indemnification Provisions"). Such indemnity shares are included in the number of beneficially owned shares. The Merger Agreement and escrow agreement also provided Intel Capital the right to receive up to 416,803 additional Ordinary Shares if the Issuer's adjusted net income (as defined in the Merger Agreement) for the period between July 1, 2017 and June 30, 2017 was greater than $18,000,000 (the "Earnout Provisions"). On July 3, 2018, the Issuer determined that 217,524 Ordinary Shares were issuable to Intel Capital pursuant to the Earnout Provisions. Intel's right to receive Ordinary Shares pursuant to the Indemnification Provisions and the Earnout Provisions in accordance with the Merger Agreement became fixed and irrevocable on August 18, 2017, the effective date of the merger.

F4 · date: This report is being filed within two business days of Intel Corporation being made aware on July 24, 2018 of the determination made by the Issuer with respect to the amount of Ordinary Shares issuable in accordance with the Earnout Provisions.

F1 · kind: On August 18, 2017, Borqs Technologies, Inc. (f/k/a Pacific Special Acquisition Corp.) (the "Issuer") issued 3,799,172 ordinary shares, no par value ("Ordinary Shares"), to Intel Capital Corporation ("Intel Capital"), a Delaware corporation and a wholly owned subsidiary of Intel, pursuant to terms of that certain Merger Agreement, dated December 27, 2016 and amended on May 10, 2017 and June 29, 2017 (as amended, the "Merger Agreement"), providing for the merger of the Issuer's wholly-owned subsidiary, PAAC Merger Subsidiary Limited with and into Borqs International Holding Corp ("Borqs International"), with Borqs International as the surviving entity and wholly-owned subsidiary of the Issuer. Pursuant to the Merger Agreement and an escrow agreement entered into in connection with the closing of the merger, the Issuer issued certain Ordinary Shares to an escrow agent to be held in an indemnity escrow account, and Intel Capital,

F2 · kind: (Continued from Footnote 1) under certain circumstances, may be entitled to receive up to a maximum of 166,997 additional Ordinary Shares upon release of the escrowed shares (the "Indemnification Provisions"). Such indemnity shares are included in the number of beneficially owned shares. The Merger Agreement and escrow agreement also provided Intel Capital the right to receive up to 416,803 additional Ordinary Shares if the Issuer's adjusted net income (as defined in the Merger Agreement) for the period between July 1, 2017 and June 30, 2017 was greater than $18,000,000 (the "Earnout Provisions"). On July 3, 2018, the Issuer determined that 217,524 Ordinary Shares were issuable to Intel Capital pursuant to the Earnout Provisions. Intel's right to receive Ordinary Shares pursuant to the Indemnification Provisions and the Earnout Provisions in accordance with the Merger Agreement became fixed and irrevocable on August 18, 2017, the effective date of the merger.

F3 · price: The Merger Agreement provides for Ordinary Shares to be valued at $10.40 per Ordinary Share issuable pursuant to its terms, and no additional consideration was paid by Intel Capital for the Ordinary Shares issued pursuant to the Earnout Provisions.

F5 · ownership.nature: The securities reported in Table I of this report are owned indirectly by Intel Corporation through Intel Capital.

SEC source: 0000899243-18-001247 · doc4.xml · nonDerivative · entry 1

INTEL CORP · CIK 0000050863 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Through wholly-owned subsidiary

Disclosed balance after: 4,192,756

F1 · security: On August 18, 2017, pursuant to that certain Merger Agreement, dated December 27, 2016 and amended on May 10, 2017 and June 29, 2017 (as amended, the "Merger Agreement"), between Borqs Technologies, Inc. (the "Issuer") and, among other parties, Zhengqi International Holding Limited ("Sponsor"), Issuer's wholly-owned subsidiary, PAAC Merger Subsidiary Limited, merged with and into Borqs International Holding Corp ("Borqs International"), with Borqs International surviving such merger as the surviving entity and wholly-owned subsidiary of the Issuer. Pursuant to the Merger Agreement and an escrow agreement entered into in connection with the closing of the merger, the Issuer issued certain Ordinary Shares to an escrow agent to be held in an indemnity escrow account, including 1,278,776 Ordinary Shares to be held for the benefit of Sponsor.

F2 · security: (Continued from Footnote 1)Pursuant to a Repurchase Agreement, dated January 10, 2018, between the Issuer and Sponsor, the parties agreed, among other things, that (i) 1,277,625 Ordinary Shares held in escrow for the benefit of Sponsor, would be distributed to the Issuer's remaining shareholders pro rata, with Intel Capital Corporation, a wholly owned subsidiary of Intel Corporation ("Intel Capital"), receiving 217,524 Ordinary Shares in such distribution and (ii) 51,151 Ordinary Shares held in escrow for the benefit of Sponsor would remain in escrow for the benefit of the Issuer's remaining shareholders, pro rata, with Intel Capital being entitled to receive 9,063 of such Ordinary Shares.

F3 · date: This report is being filed within two business days of Intel Coporation being made aware of the transaction contemplated herein by the Issuer.

F1 · kind: On August 18, 2017, pursuant to that certain Merger Agreement, dated December 27, 2016 and amended on May 10, 2017 and June 29, 2017 (as amended, the "Merger Agreement"), between Borqs Technologies, Inc. (the "Issuer") and, among other parties, Zhengqi International Holding Limited ("Sponsor"), Issuer's wholly-owned subsidiary, PAAC Merger Subsidiary Limited, merged with and into Borqs International Holding Corp ("Borqs International"), with Borqs International surviving such merger as the surviving entity and wholly-owned subsidiary of the Issuer. Pursuant to the Merger Agreement and an escrow agreement entered into in connection with the closing of the merger, the Issuer issued certain Ordinary Shares to an escrow agent to be held in an indemnity escrow account, including 1,278,776 Ordinary Shares to be held for the benefit of Sponsor.

F2 · kind: (Continued from Footnote 1)Pursuant to a Repurchase Agreement, dated January 10, 2018, between the Issuer and Sponsor, the parties agreed, among other things, that (i) 1,277,625 Ordinary Shares held in escrow for the benefit of Sponsor, would be distributed to the Issuer's remaining shareholders pro rata, with Intel Capital Corporation, a wholly owned subsidiary of Intel Corporation ("Intel Capital"), receiving 217,524 Ordinary Shares in such distribution and (ii) 51,151 Ordinary Shares held in escrow for the benefit of Sponsor would remain in escrow for the benefit of the Issuer's remaining shareholders, pro rata, with Intel Capital being entitled to receive 9,063 of such Ordinary Shares.

F1 · price: On August 18, 2017, pursuant to that certain Merger Agreement, dated December 27, 2016 and amended on May 10, 2017 and June 29, 2017 (as amended, the "Merger Agreement"), between Borqs Technologies, Inc. (the "Issuer") and, among other parties, Zhengqi International Holding Limited ("Sponsor"), Issuer's wholly-owned subsidiary, PAAC Merger Subsidiary Limited, merged with and into Borqs International Holding Corp ("Borqs International"), with Borqs International surviving such merger as the surviving entity and wholly-owned subsidiary of the Issuer. Pursuant to the Merger Agreement and an escrow agreement entered into in connection with the closing of the merger, the Issuer issued certain Ordinary Shares to an escrow agent to be held in an indemnity escrow account, including 1,278,776 Ordinary Shares to be held for the benefit of Sponsor.

F2 · price: (Continued from Footnote 1)Pursuant to a Repurchase Agreement, dated January 10, 2018, between the Issuer and Sponsor, the parties agreed, among other things, that (i) 1,277,625 Ordinary Shares held in escrow for the benefit of Sponsor, would be distributed to the Issuer's remaining shareholders pro rata, with Intel Capital Corporation, a wholly owned subsidiary of Intel Corporation ("Intel Capital"), receiving 217,524 Ordinary Shares in such distribution and (ii) 51,151 Ordinary Shares held in escrow for the benefit of Sponsor would remain in escrow for the benefit of the Issuer's remaining shareholders, pro rata, with Intel Capital being entitled to receive 9,063 of such Ordinary Shares.

F4 · ownership.nature: The securities reported in Table I of this report are owned indirectly by Intel Corporation through Intel Capital.

SEC source: 0001213900-17-009090 · f4081817chan_borqstech.xml · derivative · entry 2

CHAN ANTHONY K · CIK 0001042765 · CFO, EVP Corp. Finance

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 188,937

Underlying: Ordinary Shares · 188,937 shares

Expires 2027-02-11

F2 · price: Received in the Merger in exchange for a stock option to acquire 2,000,000 ordinary shares of Borqs. 43.75% of the options vested on February 12, 2017, and the remaining 56.25% of the options vests in equal increments monthly over 27 months beginning January 1, 2017.

F2 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 2,000,000 ordinary shares of Borqs. 43.75% of the options vested on February 12, 2017, and the remaining 56.25% of the options vests in equal increments monthly over 27 months beginning January 1, 2017.

SEC source: 0001213900-17-009090 · f4081817chan_borqstech.xml · nonDerivative · entry 1

CHAN ANTHONY K · CIK 0001042765 · CFO, EVP Corp. Finance

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,724

F1 · price: Received in exchange for 150,000 ordinary shares of Borqs International Holding Corp. ("Borqs") in connection with the merger of Borqs into Pacific Special Acquisition Corp. (the "Merger").

SEC source: 0001213900-17-009100 · f4081817thangadurai_borqs.xml · derivative · entry 2

Thangadurai George · CIK 0001714709 · EVP & President of Inter. Bus

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 47,234

Underlying: Ordinary Shares · 47,234 shares

Expires 2025-02-06

F2 · price: Received in the Merger in exchange for a stock option to acquire 500,000 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on February 7, 2016, and an additional 1/48 of the total grant vests each month thereafter.

F2 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 500,000 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on February 7, 2016, and an additional 1/48 of the total grant vests each month thereafter.

SEC source: 0001213900-17-009100 · f4081817thangadurai_borqs.xml · derivative · entry 1

Thangadurai George · CIK 0001714709 · EVP & President of Inter. Bus

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 94,468

Underlying: Ordinary Shares · 94,468 shares

Expires 2024-11-20

F1 · price: Received in exchange for a stock option to acquire 1,000,000 ordinary shares of Borqs International Holding Corp. ("Borqs") in connection with the merger of Borqs into Pacific Special Acquisition Corp. (the "Merger"). The options became vested as to 1/4 of the total grant on November 21, 2015, and an additional 1/48 of the total grant vests each month thereafter.

F1 · derivative.exercise_date: Received in exchange for a stock option to acquire 1,000,000 ordinary shares of Borqs International Holding Corp. ("Borqs") in connection with the merger of Borqs into Pacific Special Acquisition Corp. (the "Merger"). The options became vested as to 1/4 of the total grant on November 21, 2015, and an additional 1/48 of the total grant vests each month thereafter.

SEC source: 0001213900-17-009088 · f4081817asset_borqstech.xml · nonDerivative · entry 1

Asset Horizon International Ltd · CIK 0001715069 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,282,859

F1 · price: Received in exchange for 42,000,000 ordinary shares of Borqs International Holding Corp. ("Borqs") in connection with the merger of Borqs into Pacific Special Acquisition Corp.

SEC source: 0001213900-17-009096 · f4081817ramanna_borqstech.xml · derivative · entry 11

Ramanna Hareesh · CIK 0001714091 · EVP & Co-GM of Prod. Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 141,703

Underlying: Ordinary Shares · 141,703 shares

Expires 2027-02-11

F8 · price: Received in the Merger in exchange for a stock option to acquire 18,200 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 30, 2016, and an additional 1/48 of the total grant vests each month thereafter.

F9 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 1,500,000 ordinary shares of Borqs. 46.67% of the options vested on February 12, 2017, and the remaining 53.33% of the options vests in equal increments monthly over 48 months beginning January 1, 2017.

SEC source: 0001213900-17-009096 · f4081817ramanna_borqstech.xml · derivative · entry 10

Ramanna Hareesh · CIK 0001714091 · EVP & Co-GM of Prod. Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,719

Underlying: Ordinary Shares · 1,719 shares

Expires 2025-05-29

F7 · price: Received in the Merger in exchange for a stock option to acquire 350,000 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on February 7, 2016, and an additional 1/48 of the total grant vests each month thereafter.

F8 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 18,200 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 30, 2016, and an additional 1/48 of the total grant vests each month thereafter.

SEC source: 0001213900-17-009096 · f4081817ramanna_borqstech.xml · derivative · entry 9

Ramanna Hareesh · CIK 0001714091 · EVP & Co-GM of Prod. Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,064

Underlying: Ordinary Shares · 33,064 shares

Expires 2025-02-06

F6 · price: Received in the Merger in exchange for a stock option to acquire 21,000 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 24, 2015, and an additional 1/48 of the total grant vests each month thereafter.

F7 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 350,000 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on February 7, 2016, and an additional 1/48 of the total grant vests each month thereafter.

SEC source: 0001213900-17-009096 · f4081817ramanna_borqstech.xml · derivative · entry 8

Ramanna Hareesh · CIK 0001714091 · EVP & Co-GM of Prod. Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,983

Underlying: Ordinary Shares · 1,983 shares

Expires 2024-08-15

F5 · price: Received in the Merger in exchange for a stock option to acquire 21,500 ordinary shares of Borqs. The options are fully vested.

F6 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 21,000 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 24, 2015, and an additional 1/48 of the total grant vests each month thereafter.

SEC source: 0001213900-17-009096 · f4081817ramanna_borqstech.xml · derivative · entry 7

Ramanna Hareesh · CIK 0001714091 · EVP & Co-GM of Prod. Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,039

Underlying: Ordinary Shares · 1,039 shares

Expires 2023-08-10

F4 · price: Received in the Merger in exchange for a stock option to acquire 11,000 ordinary shares of Borqs. The options are fully vested.

F4 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 11,000 ordinary shares of Borqs. The options are fully vested.

SEC source: 0001213900-17-009096 · f4081817ramanna_borqstech.xml · derivative · entry 6

Ramanna Hareesh · CIK 0001714091 · EVP & Co-GM of Prod. Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,031

Underlying: Ordinary Shares · 2,031 shares

Expires 2023-04-26

F5 · price: Received in the Merger in exchange for a stock option to acquire 21,500 ordinary shares of Borqs. The options are fully vested.

F5 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 21,500 ordinary shares of Borqs. The options are fully vested.

SEC source: 0001213900-17-009096 · f4081817ramanna_borqstech.xml · derivative · entry 5

Ramanna Hareesh · CIK 0001714091 · EVP & Co-GM of Prod. Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,039

Underlying: Ordinary Shares · 1,039 shares

Expires 2022-08-03

F4 · price: Received in the Merger in exchange for a stock option to acquire 11,000 ordinary shares of Borqs. The options are fully vested.

F4 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 11,000 ordinary shares of Borqs. The options are fully vested.

SEC source: 0001213900-17-009096 · f4081817ramanna_borqstech.xml · derivative · entry 4

Ramanna Hareesh · CIK 0001714091 · EVP & Co-GM of Prod. Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,677

Underlying: Ordinary Shares · 12,677 shares

Expires 2021-07-23

F3 · price: Received in the Merger in exchange for a stock option to acquire 134,200 ordinary shares of Borqs. The options are fully vested.

F3 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 134,200 ordinary shares of Borqs. The options are fully vested.

SEC source: 0001213900-17-009096 · f4081817ramanna_borqstech.xml · derivative · entry 3

Ramanna Hareesh · CIK 0001714091 · EVP & Co-GM of Prod. Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,446

Underlying: Ordinary Shares · 9,446 shares

Expires 2020-10-15

F2 · price: Received in the Merger in exchange for a stock option to acquire 100,000 ordinary shares of Borqs. The options are fully vested.

F2 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 100,000 ordinary shares of Borqs. The options are fully vested.

SEC source: 0001213900-17-009096 · f4081817ramanna_borqstech.xml · derivative · entry 2

Ramanna Hareesh · CIK 0001714091 · EVP & Co-GM of Prod. Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,446

Underlying: Ordinary Shares · 9,446 shares

Expires 2019-10-24

F2 · price: Received in the Merger in exchange for a stock option to acquire 100,000 ordinary shares of Borqs. The options are fully vested.

F2 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 100,000 ordinary shares of Borqs. The options are fully vested.

SEC source: 0001213900-17-009096 · f4081817ramanna_borqstech.xml · nonDerivative · entry 1

Ramanna Hareesh · CIK 0001714091 · EVP & Co-GM of Prod. Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,081

F1 · price: Received in exchange for 500,000 ordinary shares of Borqs International Holding Corp. ("Borqs") in connection with the merger of Borqs into Pacific Special Acquisition Corp. (the "Merger"),

SEC source: 0001213900-17-009094 · f4081817li_borqstech.xml · derivative · entry 7

Li Bob · CIK 0001714100 · EVP Corp Affairs & China Sale

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 779

Underlying: Ordinary Shares · 779 shares

Expires 2025-05-29

F7 · price: Received in the Merger in exchange for a stock option to acquire 8,250 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 30, 2016, and an additional 1/48 of the total grant vests each month thereafter.

F7 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 8,250 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 30, 2016, and an additional 1/48 of the total grant vests each month thereafter.

SEC source: 0001213900-17-009094 · f4081817li_borqstech.xml · derivative · entry 6

Li Bob · CIK 0001714100 · EVP Corp Affairs & China Sale

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 779

Underlying: Ordinary Shares · 779 shares

Expires 2024-08-15

F6 · price: Received in the Merger in exchange for a stock option to acquire 8,250 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 24, 2015, and an additional 1/48 of the total grant vests each month thereafter.

F6 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 8,250 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 24, 2015, and an additional 1/48 of the total grant vests each month thereafter.

SEC source: 0001213900-17-009094 · f4081817li_borqstech.xml · derivative · entry 5

Li Bob · CIK 0001714100 · EVP Corp Affairs & China Sale

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,818

Underlying: Ordinary Shares · 1,818 shares

Expires 2023-04-26

F5 · price: Received in the Merger in exchange for a stock option to acquire 19,250 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on April 27, 2014, and an additional 1/48 of the total grant vests each month thereafter.

F5 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 19,250 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on April 27, 2014, and an additional 1/48 of the total grant vests each month thereafter.

SEC source: 0001213900-17-009094 · f4081817li_borqstech.xml · derivative · entry 4

Li Bob · CIK 0001714100 · EVP Corp Affairs & China Sale

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 675

Underlying: Ordinary Shares · 675 shares

Expires 2022-05-26

F4 · price: Received in the Merger in exchange for a stock option to acquire 7,150 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 26, 2013, and an additional 1/48 of the total grant vests each month thereafter.

F4 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 7,150 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 26, 2013, and an additional 1/48 of the total grant vests each month thereafter.

SEC source: 0001213900-17-009094 · f4081817li_borqstech.xml · derivative · entry 3

Li Bob · CIK 0001714100 · EVP Corp Affairs & China Sale

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,239

Underlying: Ordinary Shares · 30,239 shares

Expires 2021-07-23

F3 · price: Received in the Merger in exchange for a stock option to acquire 320,100 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on July 23, 2012, and an additional 1/48 of the total grant vests each month thereafter.

F3 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 320,100 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on July 23, 2012, and an additional 1/48 of the total grant vests each month thereafter.

SEC source: 0001213900-17-009094 · f4081817li_borqstech.xml · derivative · entry 2

Li Bob · CIK 0001714100 · EVP Corp Affairs & China Sale

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,340

Underlying: Ordinary Shares · 28,340 shares

Expires 2019-10-24

F2 · price: Received in the Merger in exchange for a stock option to acquire 300,000 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on October 24, 2010, and an additional 1/48 of the total grant vests each month thereafter.

F2 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 300,000 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on October 24, 2010, and an additional 1/48 of the total grant vests each month thereafter.

SEC source: 0001213900-17-009094 · f4081817li_borqstech.xml · nonDerivative · entry 1

Li Bob · CIK 0001714100 · EVP Corp Affairs & China Sale

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 335,626

F1 · price: Received in exchange for 4,293,914 ordinary shares of Borqs International Holding Corp. ("Borqs") in connection with the merger of Borqs into Pacific Special Acquisition Corp. (the "Merger").

SEC source: 0001213900-17-009092 · f4081817chanpat_borqstech.xml · derivative · entry 7

Chan Pat · CIK 0001389472 · Director · Chair. of the Board, CEO & Pre

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 283,406

Underlying: Ordinary Shares · 283,406 shares

Expires 2027-02-11

F7 · price: Received in the Merger in exchange for a stock option to acquire 3,000,000 ordinary shares of Borqs. Two-thirds of options vested on February 12, 2017, and the remaining 1/3 of the options vests in equal increments monthly over 48 months beginning January 1, 2017.

F7 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 3,000,000 ordinary shares of Borqs. Two-thirds of options vested on February 12, 2017, and the remaining 1/3 of the options vests in equal increments monthly over 48 months beginning January 1, 2017.

SEC source: 0001213900-17-009092 · f4081817chanpat_borqstech.xml · derivative · entry 6

Chan Pat · CIK 0001389472 · Director · Chair. of the Board, CEO & Pre

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,983

Underlying: Ordinary Shares · 1,983 shares

Expires 2025-05-29

F6 · price: Received in the Merger in exchange for a stock option to acquire 21,000 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 30, 2016, and an additional 1/48 of the total grant vests each month thereafter.

F6 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 21,000 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 30, 2016, and an additional 1/48 of the total grant vests each month thereafter.

SEC source: 0001213900-17-009092 · f4081817chanpat_borqstech.xml · derivative · entry 5

Chan Pat · CIK 0001389472 · Director · Chair. of the Board, CEO & Pre

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,211

Underlying: Ordinary Shares · 3,211 shares

Expires 2023-04-26

F5 · price: Received in the Merger in exchange for a stock option to acquire 34,000 ordinary shares of Borqs. The options are fully vested.

F5 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 34,000 ordinary shares of Borqs. The options are fully vested.

SEC source: 0001213900-17-009092 · f4081817chanpat_borqstech.xml · derivative · entry 4

Chan Pat · CIK 0001389472 · Director · Chair. of the Board, CEO & Pre

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,719

Underlying: Ordinary Shares · 1,719 shares

Expires 2022-05-26

F4 · price: Received in the Merger in exchange for a stock option to acquire 18,200 ordinary shares of Borqs. The options are fully vested.

F4 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 18,200 ordinary shares of Borqs. The options are fully vested.

SEC source: 0001213900-17-009092 · f4081817chanpat_borqstech.xml · derivative · entry 3

Chan Pat · CIK 0001389472 · Director · Chair. of the Board, CEO & Pre

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,060

Underlying: Ordinary Shares · 30,060 shares

Expires 2021-07-23

F3 · price: Received in the Merger in exchange for a stock option to acquire 318,200 ordinary shares of Borqs. The options are fully vested.

F3 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 318,200 ordinary shares of Borqs. The options are fully vested.

SEC source: 0001213900-17-009092 · f4081817chanpat_borqstech.xml · derivative · entry 2

Chan Pat · CIK 0001389472 · Director · Chair. of the Board, CEO & Pre

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 47,234

Underlying: Ordinary Shares · 47,234 shares

Expires 2019-10-24

F2 · price: Received in the Merger in exchange for a stock option to acquire 500,000 ordinary shares of Borqs. The options are fully vested.

F2 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 500,000 ordinary shares of Borqs. The options are fully vested.

SEC source: 0001213900-17-009092 · f4081817chanpat_borqstech.xml · nonDerivative · entry 1

Chan Pat · CIK 0001389472 · Director · Chair. of the Board, CEO & Pre

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 687,361

F1 · price: Received in exchange for 8,793,914 ordinary shares of Borqs International Holding Corp. ("Borqs") in connection with the merger of Borqs into Pacific Special Acquisition Corp. (the "Merger").

SEC source: 0001213900-17-009114 · f4081817zhengqi_borqs.xml · derivative · entry 6

Zhengqi International Holding Ltd · CIK 0001654923 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Ordinary Shares · 49,767 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · security: Upon the closing of the Business Combination, 497,671 units purchased by the Reporting Person in a private placement consummated simultaneously with the Issuer's IPO automatically separated into their component ordinary shares, warrants to purchase one-half of one ordinary share, and rights to receive one-tenth of an ordinary share. The resulting 497,671 rights were converted into 49,767 ordinary shares.

F3 · derivative.exercise_price: Upon the closing of the Business Combination, 497,671 units purchased by the Reporting Person in a private placement consummated simultaneously with the Issuer's IPO automatically separated into their component ordinary shares, warrants to purchase one-half of one ordinary share, and rights to receive one-tenth of an ordinary share. The resulting 497,671 rights were converted into 49,767 ordinary shares.

F3 · price: Upon the closing of the Business Combination, 497,671 units purchased by the Reporting Person in a private placement consummated simultaneously with the Issuer's IPO automatically separated into their component ordinary shares, warrants to purchase one-half of one ordinary share, and rights to receive one-tenth of an ordinary share. The resulting 497,671 rights were converted into 49,767 ordinary shares.

F3 · derivative.exercise_date: Upon the closing of the Business Combination, 497,671 units purchased by the Reporting Person in a private placement consummated simultaneously with the Issuer's IPO automatically separated into their component ordinary shares, warrants to purchase one-half of one ordinary share, and rights to receive one-tenth of an ordinary share. The resulting 497,671 rights were converted into 49,767 ordinary shares.

F3 · derivative.expiration_date: Upon the closing of the Business Combination, 497,671 units purchased by the Reporting Person in a private placement consummated simultaneously with the Issuer's IPO automatically separated into their component ordinary shares, warrants to purchase one-half of one ordinary share, and rights to receive one-tenth of an ordinary share. The resulting 497,671 rights were converted into 49,767 ordinary shares.

SEC source: 0001213900-17-009114 · f4081817zhengqi_borqs.xml · nonDerivative · entry 3

Zhengqi International Holding Ltd · CIK 0001654923 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,789,850

F4 · shares: In connection with the Business Combination, the Reporting Person received 2,278,776 ordinary shares, which shares are currently being held in escrow and subject to forfeiture in the event that the Issuer meets certain earn-out conditions during the period of July 1, 2017 to June 30, 2018.

F4 · price: In connection with the Business Combination, the Reporting Person received 2,278,776 ordinary shares, which shares are currently being held in escrow and subject to forfeiture in the event that the Issuer meets certain earn-out conditions during the period of July 1, 2017 to June 30, 2018.

SEC source: 0001213900-17-009114 · f4081817zhengqi_borqs.xml · nonDerivative · entry 2

Zhengqi International Holding Ltd · CIK 0001654923 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,511,074

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · shares: Upon the closing of the Business Combination, 497,671 units purchased by the Reporting Person in a private placement consummated simultaneously with the Issuer's IPO automatically separated into their component ordinary shares, warrants to purchase one-half of one ordinary share, and rights to receive one-tenth of an ordinary share. The resulting 497,671 rights were converted into 49,767 ordinary shares.

F3 · price: Upon the closing of the Business Combination, 497,671 units purchased by the Reporting Person in a private placement consummated simultaneously with the Issuer's IPO automatically separated into their component ordinary shares, warrants to purchase one-half of one ordinary share, and rights to receive one-tenth of an ordinary share. The resulting 497,671 rights were converted into 49,767 ordinary shares.

SEC source: 0001213900-17-009114 · f4081817zhengqi_borqs.xml · nonDerivative · entry 1

Zhengqi International Holding Ltd · CIK 0001654923 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,461,307

F1 · shares: Represents ordinary shares purchased in a private placement in connection with the Business Combination.

SEC source: 0001213900-17-009102 · f4081817wuu_borqstech.xml · derivative · entry 11

Wuu Gene · CIK 0001714092 · EVP & GM of Cloud Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 991

Underlying: Ordinary Shares · 991 shares

Expires 2024-08-15

F11 · price: Received in the Merger in exchange for a stock option to acquire 10,500 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 24, 2015, and an additional 1/48 of the total grant vests each month thereafter.

F11 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 10,500 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 24, 2015, and an additional 1/48 of the total grant vests each month thereafter.

SEC source: 0001213900-17-009102 · f4081817wuu_borqstech.xml · derivative · entry 10

Wuu Gene · CIK 0001714092 · EVP & GM of Cloud Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,617

Underlying: Ordinary Shares · 23,617 shares

Expires 2025-02-06

F10 · price: Received in the Merger in exchange for a stock option to acquire 250,000 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on February 7, 2016, and an additional 1/48 of the total grant vests each month thereafter.

F10 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 250,000 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on February 7, 2016, and an additional 1/48 of the total grant vests each month thereafter.

SEC source: 0001213900-17-009102 · f4081817wuu_borqstech.xml · derivative · entry 9

Wuu Gene · CIK 0001714092 · EVP & GM of Cloud Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 991

Underlying: Ordinary Shares · 991 shares

Expires 2025-05-29

F9 · price: Received in the Merger in exchange for a stock option to acquire 10,500 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 30, 2016, and an additional 1/48 of the total grant vests each month thereafter.

F9 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 10,500 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 30, 2016, and an additional 1/48 of the total grant vests each month thereafter.

SEC source: 0001213900-17-009102 · f4081817wuu_borqstech.xml · derivative · entry 8

Wuu Gene · CIK 0001714092 · EVP & GM of Cloud Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,039

Underlying: Ordinary Shares · 1,039 shares

Expires 2023-08-10

F8 · price: Received in the Merger in exchange for a stock option to acquire 11,000 ordinary shares of Borqs. The options are fully vested.

F8 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 11,000 ordinary shares of Borqs. The options are fully vested.

SEC source: 0001213900-17-009102 · f4081817wuu_borqstech.xml · derivative · entry 7

Wuu Gene · CIK 0001714092 · EVP & GM of Cloud Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,031

Underlying: Ordinary Shares · 2,031 shares

Expires 2023-04-26

F7 · price: Received in the Merger in exchange for a stock option to acquire 21,500 ordinary shares of Borqs. The options are fully vested.

F7 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 21,500 ordinary shares of Borqs. The options are fully vested.

SEC source: 0001213900-17-009102 · f4081817wuu_borqstech.xml · derivative · entry 6

Wuu Gene · CIK 0001714092 · EVP & GM of Cloud Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,039

Underlying: Ordinary Shares · 1,039 shares

Expires 2022-08-03

F6 · price: Received in the Merger in exchange for a stock option to acquire 11,000 ordinary shares of Borqs. The options are fully vested.

F6 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 11,000 ordinary shares of Borqs. The options are fully vested.

SEC source: 0001213900-17-009102 · f4081817wuu_borqstech.xml · derivative · entry 5

Wuu Gene · CIK 0001714092 · EVP & GM of Cloud Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 859

Underlying: Ordinary Shares · 859 shares

Expires 2022-05-26

F5 · price: Received in the Merger in exchange for a stock option to acquire 9,100 ordinary shares of Borqs. The options are fully vested.

F5 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 9,100 ordinary shares of Borqs. The options are fully vested.

SEC source: 0001213900-17-009102 · f4081817wuu_borqstech.xml · derivative · entry 4

Wuu Gene · CIK 0001714092 · EVP & GM of Cloud Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,419

Underlying: Ordinary Shares · 20,419 shares

Expires 2021-07-23

F4 · price: Received in the Merger in exchange for a stock option to acquire 216,150 ordinary shares of Borqs. The options are fully vested.

F4 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 216,150 ordinary shares of Borqs. The options are fully vested.

SEC source: 0001213900-17-009102 · f4081817wuu_borqstech.xml · derivative · entry 3

Wuu Gene · CIK 0001714092 · EVP & GM of Cloud Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 661

Underlying: Ordinary Shares · 661 shares

Expires 2021-01-21

F3 · price: Received in the Merger in exchange for a stock option to acquire 7,000 ordinary shares of Borqs. The options are fully vested.

F3 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 7,000 ordinary shares of Borqs. The options are fully vested.

SEC source: 0001213900-17-009102 · f4081817wuu_borqstech.xml · derivative · entry 2

Wuu Gene · CIK 0001714092 · EVP & GM of Cloud Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,617

Underlying: Ordinary Shares · 23,617 shares

Expires 2019-10-24

F2 · price: Received in the Merger in exchange for a stock option to acquire 250,000 ordinary shares of Borqs. The options are fully vested.

F2 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 250,000 ordinary shares of Borqs. The options are fully vested.

SEC source: 0001213900-17-009102 · f4081817wuu_borqstech.xml · nonDerivative · entry 1

Wuu Gene · CIK 0001714092 · EVP & GM of Cloud Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,448

F1 · price: Received in exchange for 300,000 ordinary shares of Borqs International Holding Corp. ("Borqs") in connection with the merger of Borqs into Pacific Special Acquisition Corp. (the "Merger").

SEC source: 0001213900-17-009098 · f4081817sun_borqstech.xml · derivative · entry 3

Sun Simon · CIK 0001714254 · EVP & Co-GM of Prod. Bus. Unit

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,653

Underlying: Ordinary Shares · 1,653 shares

Expires 2025-05-29

F3 · price: Received in the Merger in exchange for a stock option to acquire 17,500 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 30, 2016, and an additional 1/48 of the total grant vests each month thereafter.

F3 · derivative.exercise_date: Received in the Merger in exchange for a stock option to acquire 17,500 ordinary shares of Borqs. The options became vested as to 1/4 of the total grant on May 30, 2016, and an additional 1/48 of the total grant vests each month thereafter.