Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SGHT | Restricted Stock Units | Award | $0 | +24.1K | $0.00 | 24.1K | Feb 9, 2022 | Common Stock | 24.1K | Direct | F1, F2 | ||
transaction | SGHT | Stock Option (Right to Buy) | Award | $0 | +96.4K | $0.00 | 96.4K | Feb 9, 2022 | Common Stock | 96.4K | $17.52 | Direct | F3 |
Id | Content |
---|---|
F1 | Each Restricted Stock Unit represents a contingent right to receive one share of Issuer common stock. |
F2 | The Restricted Stock Units vest as to 25% on each of January 1, 2023; January 1, 2024; January 1, 2025 and January 1, 2026. The Restricted Stock Units have no expiration date. |
F3 | The options vest and become exercisable in 48 substantially equal monthly installments with the first installment vesting on February 1, 2022. |