Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | UPBD | COMMON STOCK | Tax liability | -$56.9K | -1.82K | -6.07% | $31.31 | 28.1K | Jul 1, 2023 | Direct | F1, F2 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | Number of shares withheld to cover taxes with respect to time-based restricted stock units which vested on July 1, 2023 (upon completion of one year of continuous employment from grant date of July 1, 2022 and upon completion of 2 years of continuous employment from grant date of July 1, 2021). |
F2 | Includes shares of common stock and unvested restricted stock units. |
Mr Taylor elected to have shares withheld for appropriate taxes arising out of the vesting of these awards on 7/1/2021 and 7/1/2022