Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PX | Class A Common Stock | Options Exercise | +144K | +566.42% | 169K | Oct 23, 2023 | Direct | F1, F2, F3, F4 | ||
transaction | PX | Class A Common Stock | Tax liability | -$529K | -56.8K | -33.58% | $9.30 | 112K | Oct 23, 2023 | Direct | F1, F2, F4 |
transaction | PX | Class A Common Stock | Options Exercise | +144K | +566.42% | 169K | Oct 23, 2023 | Direct | F1, F2, F3, F5 | ||
transaction | PX | Class A Common Stock | Tax liability | -$529K | -56.8K | -33.58% | $9.30 | 112K | Oct 23, 2023 | Direct | F1, F2, F5 |
transaction | PX | Class A Common Stock | Award | $3.4M | +366K | +325.2% | $9.30 | 478K | Oct 23, 2023 | Direct | F1, F2, F4, F6 |
transaction | PX | Class A Common Stock | Tax liability | -$1.34M | -144K | -30.1% | $9.30 | 334K | Oct 23, 2023 | Direct | F1, F2, F4 |
transaction | PX | Class A Common Stock | Award | $3.4M | +366K | +325.2% | $9.30 | 478K | Oct 23, 2023 | Direct | F1, F2, F5, F7 |
transaction | PX | Class A Common Stock | Tax liability | -$1.34M | -144K | -30.1% | $9.30 | 334K | Oct 23, 2023 | Direct | F1, F2, F5 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PX | Restricted Stock Units | Options Exercise | $0 | -144K | -100% | $0.00* | 0 | Oct 23, 2023 | Class A Common Stock | 144K | Direct | F1, F2, F3, F4, F8 | |
transaction | PX | Restricted Stock Units | Options Exercise | $0 | -144K | -100% | $0.00* | 0 | Oct 23, 2023 | Class A Common Stock | 144K | Direct | F1, F2, F3, F5, F9 | |
transaction | PX | Restricted Stock Units | Award | $0 | -108K | -50% | $0.00 | 108K | Oct 23, 2023 | Class A Common Stock | 108K | Direct | F1, F2, F3, F4, F10 | |
transaction | PX | Restricted Stock Units | Award | $0 | -10.8K | -50% | $0.00 | 10.8K | Oct 23, 2023 | Class A Common Stock | 10.8K | Direct | F1, F2, F3, F5, F11 | |
transaction | PX | Stock Option (right to buy) | Award | $0 | -196K | -50% | $0.00 | 196K | Oct 23, 2023 | Class A Common Stock | 196K | $9.17 | Direct | F1, F2, F4, F12 |
transaction | PX | Stock Option (right to buy) | Award | $0 | -196K | -50% | $0.00 | 196K | Oct 23, 2023 | Class A Common Stock | 196K | $9.17 | Direct | F1, F2, F5, F13 |
holding | PX | Stock Option (right to buy) | 229K | Oct 23, 2023 | Class A Common Stock | 229K | $9.93 | Direct | F1, F2, F4, F14 | |||||
holding | PX | Stock Option (right to buy) | 229K | Oct 23, 2023 | Class A Common Stock | 229K | $9.93 | Direct | F1, F2, F5, F15 |
Id | Content |
---|---|
F1 | This Form 4 is being filed by: (i) 210 Capital, LLC ("210 Capital"), in its capacity as the sole member of the direct holder of shares of Class B Common Stock; (ii) Covenant RHA Partners, L.P. ("RHA Partners"), in its capacity as member of 210 Capital; (iii) CCW/LAW Holdings, LLC ("CCW Holdings"), in its capacity as member of 210 Capital; (iv) Mr. Webb, individually and in his capacity as sole member of CCW Holdings, and in his capacity as Executive Vice Chairman of the Issuer; (v) RHA Investments, Inc. ("RHA Investments"), in its capacity as general partner of RHA Partners; and (vi) Mr. Alpert, individually and in his capacity as President and sole shareholder of RHA Investments, and in his capacity as Executive Chairman of the Issuer (collectively, the "Reporting Persons"). |
F2 | (Continued from footnote 1) Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein, except to the extent of his or its pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that such persons are beneficial owners of the securities of the Issuer reported herein. |
F3 | Each restricted stock unit ("RSU") represents a right to receive one share of the Issuer's Class A Common Stock upon vesting. |
F4 | These securities are owned directly by Mr. Webb. |
F5 | These securities are owned directly by Mr. Alpert. |
F6 | Pursuant to an Executive Transition Agreement between the Issuer and Mr. Webb (the "Webb Transition Agreement"), effective October 23, 2023, Mr. Webb was granted 365,592 fully vested shares of Class A Common Stock in lieu of cash. |
F7 | Pursuant to an Executive Transition Agreement between the Issuer and Mr. Alpert (the "Alpert Transition Agreement"), effective October 23, 2023, Mr. Alpert was granted 365,592 fully vested shares of Class A Common Stock in lieu of cash. |
F8 | On March 9, 2023, Mr. Webb was granted a total of 143,860 RSUs. Pursuant to the Webb Transition Agreement, all of these RSUs became immediately vested effective October 23, 2023. |
F9 | On March 9, 2023, Mr. Alpert was granted a total of 143,860 RSUs. Pursuant to the Alpert Transition Agreement, all of these RSUs became immediately vested effective October 23, 2023. |
F10 | Effective October 23, 2023, pursuant to the Webb Transition Agreement, Mr. Webb was granted 107,527 RSUs, all of which will vest on the first anniversary of the grant date (October 23, 2024). |
F11 | Effective October 23, 2023, pursuant to the Alpert Transition Agreement, Mr. Alpert was granted 10,753 RSUs, all of which will vest on the first anniversary of the grant date (October 23, 2024). |
F12 | Effective October 23, 2023, pursuant to the Webb Transition Agreement, Mr. Webb was granted 196,434 stock options, all of which were immediately vested and exercisable upon such grant. |
F13 | Effective October 23, 2023, pursuant to the Alpert Transition Agreement, Mr. Alpert was granted 196,434 stock options, all of which were immediately vested and exercisable upon such grant. |
F14 | On March 9, 2023, Mr. Webb was granted a total of 228,659 stock options. Pursuant to the Webb Transition Agreement, all of these stock options became immediately vested and exercisable effective on October 23, 2023. |
F15 | On March 9, 2023, Mr. Alpert was granted a total of 228,659 stock options. Pursuant to the Alpert Transition Agreement, all of these stock options became immediately vested and exercisable effective on October 23, 2023. |
The Reporting Persons may be deemed to be members of group under Section 13 that collectively beneficially owns more than 10% of the Issuer's Common Stock. In addition, Mr. Alper serves as Executive Chairman and Mr. Webb serves as Executive Vice Chairman of the Issuer, and each serve as a director on the Board of Directors of the Issuer.