| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LFLY | Common Stock | Award | $0 | +1.65K | +6.96% | $0.00 | 25.3K | Jan 30, 2024 | Direct | F1 |
| transaction | LFLY | Common Stock | Tax liability | $0 | -489 | -1.93% | $0.00 | 24.8K | Jan 30, 2024 | Direct | F2 |
| transaction | LFLY | Common Stock | Award | $0 | -4.55K | -13.41% | $0.00 | 29.3K | Jan 30, 2024 | Direct | F3 |
| transaction | LFLY | Common Stock | Tax liability | $0 | -1.35K | -4.59% | $0.00 | 28K | Jan 30, 2024 | Direct | F4, F5 |
| Id | Content |
|---|---|
| F1 | Represents a multi-year performance-stock unit ("PSU") award granted to the reporting person in 2022 (the "2022 PSUs") under the Issuer's 2021 Equity Incentive Plan ("Plan"). The 2022 PSUs are split into three tranches of 4,188 PSUs each ("Tranche I", "Tranche II", or "Tranche III"), with the number of PSUs eligible to vest conditioned on the achievement of certain performance targets established by the Compensation Committee (the "Committee") of the Issuer's Board of Directors for specified annual performance periods. The number of PSUs eligible to vest in Tranche II for the calendar year "2023 Performance Period" was conditioned on the Issuer's achievement of certain Committee-approved cash balance targets as of December 31, 2023 (the "Tranche II Goals"). On January 30, 2024, the Committee certified the Issuer's maximum achievement of the Tranche II Goals, resulting in the vesting of 100% of the 2022 PSUs applicable to Tranche II, as reported. |
| F2 | Represents shares withheld by the Issuer to satisfy withholding taxes due in connection with the vesting of the 2022 PSUs applicable to Tranche II as described in Note 1, at a net settlement price equal to the closing stock price on January 30, 2024. |
| F3 | Represents a PSU award granted to the reporting person in 2023 under the 2021 Plan (the "2023 PSUs"). The number of 2023 PSUs that are eligible to vest for the 2023 Performance Period was conditioned on the Issuer's achievement of certain Committee-approved cash balance targets as of December 31, 2023 (the "2023 PSU Goals"). On January 30, 2024, the Committee certified the Company's maximum achievement of the 2023 PSU Goals, resulting in the vesting of 100% of the 2023 PSUs, as reported. |
| F4 | Represents shares withheld by the Issuer to satisfy withholding taxes due in connection with the vesting of the 2023 PSUs as described in Note 3, at a net settlement price equal to the closing stock price on January 30, 2024. |
| F5 | Represents 14,366 shares of common stock and 13,627 unvested restricted stock units. |