Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | UPBD | Director Deferred Stock Unit | Award | +516 | +6.5% | 8.45K | Jul 1, 2021 | Common | 516 | Direct | F1 | |||
transaction | UPBD | Director Deferred Stock Unit | Award | +952 | +11.26% | 9.4K | Jul 1, 2021 | Common | 952 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each Director Deferred Stock Unit represents the right to receive one share of common stock, $0.01 par value per share, of the issuer ("Common Stock"). The Director Deferred Stock Units are fully vested and non-forfeitable. The Common Stock will be issued to the reporting person upon the termination of his service as a member of the issuer's board of directors. |
F2 | The reporting person was appointed to the board of directors on February 6, 2020 and originally did not receive any portion of the annual award of Director Deferred Stock Units valued at $120,000 awarded to directors for their service as a member of the issuer's board of directors during the year ended December 31, 2020. The reporting person was awarded Director Deferred Stock Units on July 1, 2021 and, as previously reported, April 1, 2021, which in the aggregate reflect a portion of such annual award, pro rata based on the number of days the reporting person served on the board of directors during such calendar year. |