Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IOT | Class B Common Stock | Award | $0 | +488K | $0.00 | 488K | Dec 14, 2021 | Class B Common Stock | 488K | $0.00 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | The reported shares are represented by restricted stock units, or RSUs, of which 152,576 vested upon the effectiveness of the Issuer's registration statement in connection with its initial public offering of Class A Common Stock and the remaining shares vest in quarterly installments beginning on March 15, 2022 through September 15, 2024. |
F2 | The Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a 1:1 basis. |