Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RARE | Stock Option (Right to Buy) | Award | $0 | +31.4K | $0.00 | 31.4K | Mar 1, 2024 | Common Stock | 31.4K | $53.69 | Direct | F6 |
Id | Content |
---|---|
F1 | Award of Restricted Stock Units ("RSUs") under the Company's 2023 Incentive Plan. The RSUs shall vest with respect to 1/4th of the underlying shares on each anniversary of the grant date, such that the RSUs are fully vested on the fourth anniversary of the grant date |
F2 | Represents shares of common stock which previously granted performance stock units were converted on March 1, 2024 upon certification of the performance metric. |
F3 | Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due to the vesting of RSUs. |
F4 | Represents shares sold to pay required tax withholdings due to the vesting of RSUs. |
F5 | Includes previously reported shares of common stock underlying RSUs granted to the Reporting Person, which are subject to certain vesting conditions. |
F6 | On the first anniversary of the grant date of the option (the "Option Anniversary Date"), 1/4th of the shares initially subject to the option shall vest; thereafter, 1/48th of the shares initially subject to the option shall vest on each month as measured from the Option Anniversary Date. |