Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KLR | Common Stock | Award | $0 | +71.4K | +5.92% | $0.00 | 1.28M | Jan 1, 2023 | Direct | F1, F2, F3 |
Id | Content |
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F1 | Subject to the Reporting Person's continued service to the Issuer, the Restricted Stock Units ("RSUs") shall vest quarterly on each of February 20, May 1, August 1 and November 1, 2023. All RSUs shall immediately vest (i) in the event of a Change of Control (as defined in the Issuer's 2019 Equity Incentive Plan) of the Issuer, (ii) the Reporting Person is not re-nominated to serve on the Issuer's Board of Directors (except in connection with the Reporting Person choosing not to stand for reelection as a member of the Board or resigning from the Board) and as a result separates from service with the Issuer, (iii) to the extent the Reporting Person has served as a director of the Issuer for at least three years, and such Reporting Person chooses not to stand for reelection as a member of the Board or resigns from the Board and as a result separates from service with the Issuer, |
F2 | (Continued from footnote 1) and (iv) in the event of the death or Disability (as defined in the Issuer's 2019 Equity Incentive Plan) of the Reporting Person. |
F3 | Includes RSUs subject to vesting pursuant to previously disclosed vesting schedules. |