Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | BRDS | Class A Common Stock | 1.6M | Jan 20, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | BRDS | Stock Option | Jan 20, 2022 | Class A Common Stock | 147K | $0.16 | Direct | F2 | ||||||
holding | BRDS | Stock Option | Jan 20, 2022 | Class A Common Stock | 74.2K | $0.16 | Direct | F3 |
Id | Content |
---|---|
F1 | Includes (a) an award of 439,788 restricted stock units, all of which vest on April 20, 2022 (b) 76,865 earn-out shares that will vest in three substantially 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; (c) 750,000 earn-out shares that will vest in three substantially equal installments based on the foregoing stock price vesting conditions and subject to an additional time-based vesting requirement whereby such shares will vest in 16 substantially equal quarterly installments beginning on November 4, 2021; and (d) 250,000 restricted stock units, 25% of which will vest on December 1, 2022, with the remaining 75% vesting in 12 equal quarterly installments thereafter. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
F2 | The option is vested with respect to 54,973 shares of Class A Common Stock and vests with respect to the remaining shares in substantially equal monthly installments until fully vested on January 31, 2024. |
F3 | The option is vested with respect to 41,230 shares of Class A Common Stock and vests with respect to the remaining shares in substantially equal monthly installments until fully vested on January 6, 2023. |
Exhibit 24 - Power of Attorney.