Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GBT | Restricted Stock Units | Award | $0 | +32.2K | $0.00 | 32.2K | Sep 1, 2021 | Common Stock | 32.2K | Direct | F1, F2 | ||
transaction | GBT | Restricted Stock Units | Award | $0 | +42.4K | $0.00 | 42.4K | Sep 1, 2021 | Common Stock | 42.4K | Direct | F1, F3 | ||
transaction | GBT | Stock Option (Right to Buy) | Award | $0 | +49.6K | $0.00 | 49.6K | Sep 1, 2021 | Common Stock | 49.6K | $29.85 | Direct | F4 |
Id | Content |
---|---|
F1 | Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Common Stock. |
F2 | The RSUs vest with respect to 25% of the underlying shares on September 1, 2022 and in six semi-annual installments thereafter, so long as the Reporting Person continues as an employee or other service provider of the Issuer through each vesting date. The RSUs are subject to accelerated vesting upon termination without cause or resignation for good reason after a change of control of the Issuer. |
F3 | The RSUs vest in installments conditioned upon the achievement, on or before June 30, 2024, of up to three specified market price thresholds of the Issuer, so long as the Reporting Person continues as an employee or other service provider of the Issuer through each vesting date. The RSUs are subject to accelerated vesting upon termination without cause or resignation for good reason after a change of control of the Issuer. |
F4 | The stock option vests with respect to 25% of the underlying shares on August 2, 2022 and in 12 equal quarterly installments thereafter, so long as the Reporting Person continues as an employee or other service provider of the Issuer through each vesting date. This option is subject to accelerated vesting upon termination without cause or resignation for good reason after a change of control of the Issuer. |