Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HCP | Common Stock | Other | -180K | -100% | 0 | Dec 13, 2021 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HCP | Class B Common Stock | Other | +90K | 90K | Dec 13, 2021 | Class A Common Stock | 90K | Direct | F1, F3 | ||||
transaction | HCP | Restricted Stock Units | Other | +90K | 90K | Dec 13, 2021 | Class B Common Stock | 90K | Direct | F1, F4, F5 |
Id | Content |
---|---|
F1 | Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock was automatically reclassified into one share of Class B Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock. |
F2 | Of the reported shares, 90,000 are represented by shares of Common Stock and the remaining 90,000 are represented by restricted stock units, or RSUs. |
F3 | Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. |
F4 | Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock. |
F5 | The RSUs vest in eight equal quarterly installments beginning on December 20, 2021. |