Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | XPOF | Class B Common Stock | Award | $6.97 | +69.7K | $0.00* | 69.7K | Jul 26, 2021 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | XPOF | LLC Units in Xponential Holdings LLC | Award | $0 | +186K | $0.00 | 186K | Jul 26, 2021 | Class A Common Stock | 186K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | These securities were acquired through the conversion prior to the completion of the Issuer's initial public offering of historical interests held by the reporting person in H&W Franchise Holdings, LLC. |
F2 | Upon vesting, each LLC unit in Xponential Holdings LLC ("LLC Unit") may be redeemed for, together with the cancellation of a share of Class B common stock, one share of Class A common stock or a cash payment equal to the volume weighted average market price of one share of Class A common stock for each LLC Unit redeemed. The LLC Units do not expire. |
F3 | The LLC Units (i) service-vest as to 23,238 LLC Units on each of the first four anniversaries of July 2, 2018 and (ii) performance-vest as to 92,952 LLC Units based on the achievement of a specified per share price for the Issuer's Class A common stock for 25 of 30 consecutive trading days following the end of the initial public offering 180-day lock-up period. |