Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ADV | Class A Common Stock | Award | $0 | +217K | +72.74% | $0.00 | 515K | Mar 11, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ADV | Performance Restricted Stock Unit | Award | $0 | +543K | $0.00 | 543K | Mar 11, 2022 | Class A Common Stock | 543K | Direct | F2 | ||
transaction | ADV | Stock Option (Right to Buy) | Award | $0 | +946K | $0.00 | 946K | Mar 11, 2022 | Class A Common Stock | 946K | $5.99 | Direct | F3 |
Id | Content |
---|---|
F1 | Represents an award of restricted stock units (RSUs) that is a contingent right to receive Class A Common Stock upon vesting. The RSUs are scheduled to vest in equal installments on each of the first, second and third anniversaries of the grant date. |
F2 | Represents an award of PSUs that is a contingent right to receive Class A Common Stock upon vesting. Subject to the achievement of certain performance conditions based on Adjusted EBITDA and Revenue, the PSUs are scheduled to vest over a three-year period and may vest from 0% to 150% of the target number of PSUs reported on this Form 4. |
F3 | This stock option represents a right to purchase Class A Common Stock upon vesting. The option vests in equal installments on each of the first, second and third anniversaries of the grant date. |