Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CG | Common Stock | Award | $0 | +430K | +45.51% | $0.00 | 1.37M | Feb 6, 2024 | Direct | F1 |
transaction | CG | Common Stock | Award | $0 | +8.96K | +0.65% | $0.00 | 1.38M | Feb 6, 2024 | Direct | F2 |
transaction | CG | Common Stock | Award | $0 | +501K | +36.22% | $0.00 | 1.88M | Feb 6, 2024 | Direct | F3 |
transaction | CG | Common Stock | Award | $0 | +59.9K | +3.18% | $0.00 | 1.94M | Feb 6, 2024 | Direct | F4 |
transaction | CG | Common Stock | Tax liability | -$1.21M | -30K | -1.54% | $40.31 | 1.91M | Feb 6, 2024 | Direct | F5 |
holding | CG | Common Stock | 254K | Feb 6, 2024 | See Footnote | F6 | |||||
holding | CG | Common Stock | 13.6K | Feb 6, 2024 | See Footnote | F7 |
Id | Content |
---|---|
F1 | These securities are restricted stock unit awards and will vest 40% on August 1, 2025, an additional 30% on August 1, 2026 and the remaining 30% on August 1, 2027, subject to the reporting person's continued service at the company on the applicable vesting date. |
F2 | These securities are restricted stock unit awards and will vest 1/3 on each of February 6, 2025, February 6, 2026 and February 6, 2027, subject to the reporting person's continued service at the company on the applicable vesting date. |
F3 | These securities are a restricted stock unit award that is eligible to vest in three equal tranches, with each tranche subject to a performance-based vesting condition that requires achievement of an absolute stock price hurdle ($48.05, $56.06 and $64.06, respectively). In addition, each tranche is subject to time-based vesting conditions generally requiring minimum service periods of one year, two years and three years, respectively. The period for measuring the achievement of the stock price hurdles ends on February 6, 2027 and any restricted stock units that have not vested as of February 7, 2027 will be forfeited. |
F4 | These shares of common stock were acquired upon the satisfaction of certain performance-based vesting criteria and settlement of performance-based restricted stock unit awards previously granted to the reporting person. |
F5 | Represents shares of common stock that have been withheld by the Issuer in connection with the payment of taxes resulting from the vesting of performance-based restricted stock unit awards that vested on such date. No shares of common stock were sold by the reporting person. |
F6 | These shares of common stock are held in a limited liability company of which the reporting person is the manager. |
F7 | These shares of common stock are held by a trust for the benefit of the reporting person's family of which the reporting person is the special purpose trustee and has sole investment power over the securities. |
Pursuant to Rule 16a-1(a)(4) of the Securities Exchange Act of 1934, as amended, the reporting person herein states that this filing shall not be deemed to be an admission that such reporting person is the beneficial owner of any of these interests, and disclaims beneficial ownership of such interests, except to the extent of such reporting person's pecuniary interest in such interests.