Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MBLY | Restricted Stock Units | Award | $0 | +247K | $0.00 | 247K | Jul 10, 2023 | Class A Common Stock | 247K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Class A common stock of Mobileye Global Inc. |
F2 | Unless forfeited earlier under the terms of the RSU Agreement, the RSUs will vest as follows: (a) 40% of the RSUs vest and convert into common stock on the first anniversary of the grant date (which grant date is July 10, 2023), (b) 30% of the RSUs vest and convert into common stock on the second anniversary of the grant date and (c) 30% of the RSUs vest and convert into common stock on the third anniversary of the grant date. If a vesting date falls on a non-business date, the next business date shall apply. |