Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ITHUF | Restricted Stock Units | Award | $0 | +35.4M | $0.00 | 35.4M | Jul 26, 2022 | Common Stock | 35.4M | Direct | F1, F2 | ||
transaction | ITHUF | Option (right to buy) | Award | $0 | +3.94M | $0.00 | 3.94M | Sep 21, 2022 | Common Stock | 3.94M | $0.05 | Direct | F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock following vesting. |
F2 | The restricted stock units were granted pursuant to the Issuer's Amended and Restated Omnibus Equity Incentive Plan dated October 15, 2018 (the "Plan"). At the time of grant, two-thirds of the RSUs were vested. The balance of the RSUs will vest on July 10, 2023, subject to the Reporting Peron's continued service with the Issuer. |
F3 | The options were granted pursuant to the Plan. The options will vest in three equal annual installments with the first installment commencing on first anniversary of the date of grant. |