Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BE | Stock Option (Right to Buy Class B Common Stock) | Other | $0 | -50K | -100% | $0.00* | 0 | Jul 27, 2023 | Class B Common Stock | 50K | $30.96 | Direct | F1, F2 |
transaction | BE | Stock Option (Right to Buy) | Other | $0 | +50K | $0.00 | 50K | Jul 27, 2023 | Class A Common Stock | 50K | $30.96 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Reflects the sunset of the Issuer's dual class common stock structure, and does not constitute a voluntary transaction by the Reporting Person. Effective as of immediately prior to the close of business on July 27, 2023, each share of the Issuer's Class B Common Stock, par value $0.0001 per share (the "Class B Common Stock"), automatically converted into one share of the Issuer's Class A Common Stock, par value $0.0001 per share (the "Class A Common Stock"), pursuant to the Issuer's Restated Certificate of Incorporation. In connection with the foregoing, the outstanding options to purchase shares of Class B Common Stock remain unchanged, except that the underlying shares now represent Class A Common Stock. |
F2 | These options are fully vested. |