| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TSP | Class A Common Stock | Options Exercise | +108,333 | +8% | 1,464,976 | 07 Sep 2021 | Direct | F1 | ||
| transaction | TSP | Class A Common Stock | Sale | $1,785,216 | -44,462 | -3% | $40.15* | 1,420,514 | 08 Sep 2021 | Direct | F2, F3 |
| transaction | TSP | Class A Common Stock | Sale | $3,331 | -81 | -0.01% | $41.13* | 1,420,433 | 08 Sep 2021 | Direct | F2, F4 |
| transaction | TSP | Class A Common Stock | Options Exercise | +108,333 | +7.6% | 1,528,766 | 08 Sep 2021 | Direct | F1 | ||
| transaction | TSP | Class A Common Stock | Sale | $1,821,006 | -43,258 | -2.8% | $42.10* | 1,485,508 | 09 Sep 2021 | Direct | F2, F5 |
| holding | TSP | Class A Common Stock | 900,000 | 07 Sep 2021 | By LLC | F6 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TSP | Restricted Stock Unit | Options Exercise | -108,333 | -14% | 675,001 | 07 Sep 2021 | Class A Common Stock | 108,333 | Direct | F7 | |||
| transaction | TSP | Restricted Stock Unit | Options Exercise | -108,333 | -16% | 566,668 | 08 Sep 2021 | Class A Common Stock | 108,333 | Direct | F7 |
| Id | Content |
|---|---|
| F1 | The Reporting Person received Restricted Stock Units ("RSUs") that represent a contingent right to receive one share of Class A Common Stock for each RSU upon the satisfaction of applicable vesting conditions. The shares were issued pursuant to vested RSUs. |
| F2 | The sales reported represent shares of Class A Common Stock required to be sold by the Reporting Person to cover tax withholding obligations in connection with the previously reported vesting and settlement of RSUs. These sales are mandated by the issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person. |
| F3 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $39.73 to $40.70, inclusive. The Reporting Person undertakes to provide to the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in footnotes 3 through 5 of this Form 4. |
| F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $40.75 to $41.26, inclusive. |
| F5 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $41.65 to $42.63, inclusive. |
| F6 | The shares are held by Hickory Wood Grove LLC, a limited liability company incorporated in Delaware and beneficially owned by the Reporting Person. |
| F7 | Represents the settlement of a vested RSU. The Reporting Person was previously granted RSUs that represent a contingent right to receive one share of Class A Common Stock for each RSU. The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a three-year period. 30% of the RSUs vested on June 30, 2020 and 8.75% of the RSUs shall vest each quarter thereafter, subject to the Reporting Person's continuous service with the issuer. |
President and Chief Executive Officer