Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BE | Class A Common Stock | Award | $0 | +303K | +56.22% | $0.00 | 841K | Mar 15, 2023 | Direct | F1 |
transaction | BE | Class A Common Stock | Sale | -$207K | -11.5K | -1.37% | $18.02 | 829K | Mar 16, 2023 | Direct | F2, F3 |
transaction | BE | Class A Common Stock | Sale | -$3M | -166K | -20.06% | $18.06 | 663K | Mar 16, 2023 | Direct | F4, F5 |
Id | Content |
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F1 | On May 12, 2021, the Reporting Person was granted a performance stock unit ("PSU") award for a target number of 600,000 shares of Class A common stock, subject to the achievement of certain financial performance criteria during the performance period. The Reporting Person fully met the performance criteria for one-quarter of the shares as determined by the Compensation Committee on March 15, 2023, which resulted in a payout of 2.017 times the target. The PSUs vested immediately upon such determination by the Compensation Committee. As a condition to settlement of the PSUs, the Reporting Person has agreed to hold such shares (net of any sales to cover tax withholding obligation) until the earlier of March 15, 2025 and the Reporting Person's termination of service to the Issuer. |
F2 | Sale of shares to cover tax withholding obligation incurred upon settlement of restricted stock units effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. |
F3 | The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $17.68 to $18.37. Upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price. |
F4 | Sale of shares to cover tax withholding obligation incurred upon settlement of PSUs. |
F5 | The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $17.67 to $18.38. Upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price. |