Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CHPT | Common Stock | Sale | -$21.9K | -1.09K | -1.16% | $20.15 | 92.8K | Sep 22, 2021 | Direct | F1, F2 |
transaction | CHPT | Common Stock | Options Exercise | $11.2K | +20K | +21.56% | $0.56* | 113K | Sep 24, 2021 | Direct | F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CHPT | Stock Option (right to buy) | Options Exercise | -20K | -9.25% | 196K | Sep 24, 2021 | Common Stock | 20K | $0.56 | Direct | F4 |
Id | Content |
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F1 | The sale reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. 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. |
F2 | Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $20.15 to $20.33. The Reporting Person has provided to the issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. |
F3 | This transaction relates to the exercise of options to purchase shares of common stock by the reporting person. No shares of common stock were sold by the reporting person and the shares of common stock received upon the exercise of such options are subject to lock-up restrictions in connection with the issuer's secondary offering. |
F4 | The Stock Option vests in 48 equal monthly installments from July 30, 2018, subject to the Reporting Person's continuous service through each vesting date. |