| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PYYX | Restricted Stock Units | Disposed to Issuer | $0 | -27K | -100% | $0.00* | 0 | May 10, 2024 | Common Stock | 27K | Direct | F1, F2, F3 | |
| transaction | PYYX | Restricted Stock Units | Award | $0 | +27K | $0.00 | 27K | May 10, 2024 | Common Stock | 27K | Direct | F1, F2, F4 | ||
| transaction | PYYX | Restricted Stock Units | Award | $0 | +70K | $0.00 | 70K | May 10, 2024 | Common Stock | 70K | Direct | F1, F5 |
| Id | Content |
|---|---|
| F1 | Each restricted stock unit represents a contingent right to receive one share of Pyxus International, Inc. common stock. |
| F2 | Reports the amendment to outstanding restricted stock units to extend the period by which the condition to vesting must be satisfied, revise the contingent events triggering vesting and provide for vesting upon the occurrence of certain events qualifying as a Change in Control, which amendments are deemed to effect a disposition of the outstanding restricted stock units and the re-grant of restricted stock units of the same amount having the amended terms. Such amendments were approved by the Compensation Committee of the Board of Directors of Pyxus International, Inc. |
| F3 | The restricted stock units were awarded on July 6, 2021 and were fully earned for vesting, based on continued employment, through March 31, 2024, with vesting contingent upon Pyxus International, Inc.'s common stock being listed for trading on a securities exchange registered with the SEC under Section 6 of the Securities Exchange Act of 1934 or an approved foreign securities exchange. |
| F4 | The restricted stock units were fully earned for vesting, based on continued employment, through March 31, 2024, with vesting contingent upon the earliest to occur (such earliest event to occur being referred to as the Vesting Event) of the following: (i) March 31, 2031; (ii) the occurrence of a Change in Control (as defined in the Pyxus International, Inc. Amended and Restated 2020 Incentive Plan) as a result of a merger, consolidation, share exchange or sale of all or substantially all of the assets of the Company; or (iii) Pyxus International, Inc.'s common stock being listed for trading on a securities exchange registered with the SEC under Section 6 of the Securities Exchange Act of 1934 or an approved foreign securities exchange. |
| F5 | The restricted stock units were awarded on May 10, 2024 and are to be earned for vesting, subject to continued employment, in equal installments on May 10, 2025, March 31, 2026 and March 31, 2027, with vesting being further subject to the occurrence of the Vesting Event. |