Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SIG | Common Shares, par value $0.18 | Sale | -$161K | -1.7K | -9.08% | $95.02 | 17K | Mar 26, 2024 | Direct | F1, F2, F3 |
Id | Content |
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F1 | This transaction was executed in error by the trust that administers equity awards for the issuer's employees in Israel when the shares delivered upon a vest of restricted stock units on March 17, 2024 were errantly deposited in an account not owned by Mr. Edelman and subsequently sold by that individual in March 2024. Accordingly, the sale was made without Mr. Edelman's knowledge, direction or approval in March 2024. While reviewing Mr. Edelman's account, the delivery error and sale were discovered and the issuer and the trust confirmed the transaction was effected in error. |
F2 | Includes 12,102 restricted stock units which are subject to certain vesting and forfeiture provisions. |
F3 | The total shown in column 5 in the Form 4s filed by Mr. Edelman since March 26, 2024 was overstated by 1,695 shares, due to the discovery after the filing date that those shares had been sold in error. |
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