Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PX | Restricted Stock Units | Award | $0 | +108K | $0.00 | 108K | Mar 8, 2024 | Class A Common Stock | 108K | Direct | F1, F2, F3 | ||
transaction | PX | Restricted Stock Units | Award | $0 | +72K | $0.00 | 72K | Mar 8, 2024 | Class A Common Stock | 72K | Direct | F1, F2, F4 |
Id | Content |
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F1 | This Form 4 is being filed by Edwin Poston and Mel Williams (collectively, the "Reporting Persons"). The Reporting Persons are members of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities of the Issuer reported herein, except to the extent of his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that the Reporting Persons are beneficial owners of the securities of the Issuer reported herein. In addition, Mr. Poston serves as a director on the Board of Directors of the Issuer. |
F2 | Each restricted stock unit ("RSU") represents a right to receive one share of the Issuer's Class A Common Stock upon vesting. |
F3 | On March 8, 2024, Mr. Poston was granted a total of 107,948 RSUs, all of which will vest on the first anniversary of the grant date, provided that Mr. Poston remains in continuous service with the Issuer through such date. |
F4 | On March 8, 2024, Mr. Williams was granted a total of 71,965 RSUs, all of which will vest on the first anniversary of the grant date, provided that Mr. Williams remains in continuous service with the Issuer through such date. |
Member of 10% Owner Group (see Footnote 1)