| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ESMT | Common Stock | Options Exercise | $0 | +10.6K | +44.34% | $0.00 | 34.4K | Nov 1, 2023 | Direct | |
| transaction | ESMT | Common Stock | Tax liability | -$106K | -4.69K | -13.63% | $22.64 | 29.7K | Nov 1, 2023 | Direct | F1 |
| transaction | ESMT | Common Stock | Sale | -$68K | -3K | -10.1% | $22.66 | 26.7K | Nov 1, 2023 | Direct | F2, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ESMT | Restricted Stock Units | Options Exercise | $0 | -10.6K | -10% | $0.00 | 95.1K | Nov 1, 2023 | Common Stock | 10.6K | Direct | F4, F5 |
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 | Represents the number of shares of common stock withheld to satisfy the tax withholding obligation in connection with the vesting of certain previously reported restricted stock units ("RSUs"). |
| F2 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan dated March 17, 2023. |
| F3 | The price reported is a weighted average price. The securities were sold in multiple transactions at per share prices ranging from $22.63 to $22.68. The Reporting Person undertakes to provide upon request from the SEC staff, the Issuer, or any shareholder of the Issuer, full information regarding the number of securities sold at each separate price within the range set forth in this footnote. |
| F4 | Each RSU represents a contingent right to receive one share of common stock. |
| F5 | The RSUs have vested or will vest with respect to 25% of the shares on the first anniversary of the date of grant and then in equal installments on each of the 12 quarterly anniversaries thereafter. The RSUs have no expiration date. |
President, Enterprise Solutions