Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CHPT | Common Stock | Sale | -$220K | -10.9K | -2.87% | $20.15 | 369K | Sep 22, 2021 | Direct | F1, F2, F3 |
holding | CHPT | Common Stock | 110K | Sep 22, 2021 | By trust | F4 |
Id | Content |
---|---|
F1 | The sales 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 $20.2308. 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 | On July 2, 2021, the reporting person filed a Form 4 which inadvertently underreported the total number of shares of Common Stock directly held by the reporting person. The amount of securities beneficially owned as set forth in this Column 5 has been corrected to reflect the reporting person's current holdings after giving effect to this sale. |
F4 | The Shares are held by the Jackson 1997 Trust Dated November 6, 1997 of which the Reporting Person is trustee. |