Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | STRR | Common Stock | 102K | Jul 27, 2023 | Direct | F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STRR | Restricted Stock Unit | Options Exercise | +51.2K | 51.2K | Jul 27, 2023 | Common Stock | 51.2K | 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 2018 Incentive Plan, as amended. The number of Restricted Stock Units granted was determined using the closing sales price per share on July 26, 2023 of $0.98. |
F3 | The Restricted Stock Units are scheduled to vest as follows: one-third upon the first anniversary of July 27, 2023 (the "Grant Date"), one-third upon the second anniversary of the Grant Date, and one-third upon the third anniversary of the Grant Date. |