Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EAF | Deferred Restricted Stock Units | Award | $0 | +56.5K | +235.69% | $0.00 | 80.5K | May 9, 2024 | Common Stock | 56.5K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each deferred restricted stock unit (DRSU) represents a contingent right to receive one share of EAF common stock. |
F2 | The DRSUs generally vest on November 9, 2024. Vested DRSUs will be settled in whole shares of common stock which will be delivered to the reporting person either (1) as soon as practicable after the reporting person terminates service as a director of the company but in any event no later than the end of the calendar year in which such termination date occurs or (2) in substantially equal 20% installments on the first five annual anniversaries of the date of termination of the reporting person's service as director, depending on the reporting person's election for the director year in which the DRSUs were granted or accrued. |