Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BRDS | Class A Common Stock | Award | $0 | +23.5M | $0.00 | 23.5M | Nov 9, 2021 | Direct | F1 |
Id | Content |
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F1 | Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Class A Common Stock. 5,872,500 of such RSUs will vest in 16 substantially equal quarterly installments beginning on June 1, 2021. The remaining RSUs will vest in three equal installments if the Issuer's Class A Common Stock achieves a price per share for any ten trading days within any 20 consecutive trading period prior to November 4, 2026 that equals or exceeds the following thresholds: $12.50, $20.00 and $30.00, subject to an additional time-based vesting requirement whereby such RSUs will vest in 16 substantially equal quarterly installments beginning on June 1, 2021. |