Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BARK | Stock Option (right to buy) | Award | $0 | +6.5M | $0.00 | 6.5M | Jun 1, 2021 | Common Stock | 6.5M | $1.85 | Direct | F1 |
Id | Content |
---|---|
F1 | The Stock Option was received in exchange for an option to purchase 743,115 shares of common stock of Barkbox, Inc. ("BARK") in connection with the merger of BARK with and into a wholly owned subsidiary of the Issuer (the "Merger").. The Stock Option shall vest over a four-year period in 48 equal monthly installments after September 20, 2020, provided, that the Reporting Person remains in continuous service on each such vesting date. The Stock Option is also subject to acceleration in the event the Reporting Person is subject to a qualifying involuntary termination of employment in connection with the sale of the Issuer. |