Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | STRR | Common Stock | 31.7K | Nov 15, 2021 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STRR | Restricted Stock Unit | Award | +7.14K | 7.14K | Nov 15, 2021 | Common Stock | 7.14K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. |
F2 | Award of Restricted Stock Units made in accordance with the Company's 2021 Incentive Plan and in lieu of a quarterly cash board retainer fee in the amount of $18,000. The number of Restricted Stock Units granted was determined using the closing sales price per share on November 12, 2021 (the last trading day before the November 15, 2021 grant date) of $2.52. |
F3 | One hundred percent (100%) of the Restricted Stock Units are scheduled to vest on the one (1) year anniversary of November 15, 2021, subject to the reporting person continuing to be a service provider through such date. |