Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | BAER | Common Stock | 1.45M | Jan 24, 2023 | Direct | F1 | |||||
holding | BAER | Common Stock | 2.26M | Jan 24, 2023 | See footnotes | F2, F4 | |||||
holding | BAER | Common Stock | 2.85M | Jan 24, 2023 | See footnotes | F3, F4 |
Id | Content |
---|---|
F1 | Consists entirely of restricted stock units (the "RSUs") which vest as follows: (i) 50% of the RSUs vested on January 24, 2023, (ii) 20% of the RSUs shall vest on January 24, 2024, (iii) 20% of the RSUs shall vest on January 24, 2024, and (iv) 10% of the RSUs shall vest on January 24, 2026, subject to the Reporting Person's continuous service with the Issuer through each applicable vesting date. The settlement of any vested RSUs is delayed until January 24, 2024. |
F2 | These shares are held directly by Pelagic Capital Advisors LLC, which is managed by the Reporting Person. |
F3 | These shares are held directly by PCAO LLC, which is managed by the Reporting Person. |
F4 | The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Act"), except to the extent of the Reporting Person's pecuniary interest therein, if any, and the filing of this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Act or for any other purpose. |
Exhibit List: Exhibit 24 - Power of Attorney