Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | BENF | Class A Common Stock | 156K | Jun 7, 2023 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Includes 134,063 shares of Class A common stock, par value $0.001 ("Class A common stock"), of Beneficient (the "Issuer") issuable upon the settlement of an award of 107,250 restricted equity units ("REUs") granted pursuant to The Beneficient Company Group, L.P. 2018 Equity Incentive Plan ("2018 Equity Incentive Plan") to Scott W. Wilson (the "Reporting Person") on January 1, 2020. Such award of REUs to the Reporting Person vested 40% on the date of grant, and the remaining 60% in 3 equal annual installments on September 24th of each subsequent calendar year. |
F2 | Includes 12,000 shares of Class A common stock issuable upon settlement of an award of 9,600 REUs to the Reporting Person granted pursuant to the 2018 Equity Incentive Plan on April 1, 2022. Such award of REUs to the Reporting Person shall vest 40% on June 8, 2023, and the remaining 60% in three equal annual installments on April 1st of each subsequent calendar year. |
F3 | Includes 10,000 shares of Class A common stock issuable upon settlement of an award of 8,000 REUs to the Reporting Person granted as a bonus pursuant to the 2018 Equity Incentive Plan on October 1, 2022. Such award of REUs to the Reporting Person shall vest 20% on June 8, 2023, and the remaining 80% in four equal annual installments on October 1st of each subsequent calendar year. |
Exhibit 24: Power of Attorney