Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SCTL | Common Stock | Award | +66K | +42.65% | 221K | Jan 20, 2022 | Direct | F1 | ||
transaction | SCTL | Common Stock | Award | $0 | +303K | +137.26% | $0.00 | 524K | Jan 20, 2022 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SCTL | Stock Option (Right to Buy) | Award | $0 | +442K | $0.00 | 442K | Jan 20, 2022 | Common Stock | 442K | $1.65 | Direct | F3 |
Id | Content |
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F1 | On January 20, 2022, the Compensation Committee of the Board of Directors of the Company determined that performance-vesting criteria were met with regard to 66,007 performance-based restricted stock units granted in a prior year, which were converted into 66,007 shares of common stock on a one-for-one basis. |
F2 | These restricted stock units will vest in four equal annual installments beginning on January 20, 2023, subject to continued service with the Company. |
F3 | The stock option vests in equal monthly installments over 48 months, beginning on February 20, 2022, subject to continued service with the Company. |