Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SHPW | Common Stock | Award | $0 | +146K | +115.13% | $0.00 | 273K | Mar 28, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SHPW | Restricted Stock Unit | Award | $0 | +219K | $0.00 | 219K | Mar 28, 2022 | Common Stock | 219K | Direct | F2 |
Id | Content |
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F1 | The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs are subject to a service-based vesting requirement, which shall be satisfied in four annual installments on each anniversary of March 28, 2022, subject to the Reporting Person's continuous service with the issuer through each such anniversary. |
F2 | The Reporting Person was granted RSUs, which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs are subject to a service-based vesting requirement, which shall be satisfied in six annual installments on each anniversary of March 28, 2022, subject to the Reporting Person's continuous service with the issuer through each such anniversary. The RSUs are also subject to the satisfaction of share-price based performance vesting conditions ("RSU Performance Milestones"). Following the achievement of each RSU Performance Milestone, the applicable portion of RSUs that has vested under the service-based vesting will be delivered based on the remaining service-based vesting schedule. RSUs that have not satisfied the service-based vesting requirement and applicable RSU Performance Milestone will expire on the 6th anniversary of the date of grant. |