Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CVLY | Restricted Stock Units | Award | $0 | +15.6K | $0.00 | 15.6K | Nov 9, 2021 | Common Stock | 15.6K | $0.00 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of CVLY common stock |
F2 | 60% of the restricted stock units (9,338.4 units) are performance-based restricted stock units with cliff vesting after the performance period end of December 31, 2024. 40% of the restricted stock units (6,225.6 units) are time-based restricted stock units which will vest ratably over a three-year period. |