Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ADV | Class A Common Stock | Award | $0 | +208K | +10.03% | $0.00 | 2.28M | Apr 19, 2024 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ADV | Performance Restricted Stock Unit | Award | $0 | +208K | $0.00 | 208K | Apr 19, 2024 | Class A Common Stock | 208K | Direct | F2 | ||
transaction | ADV | Stock Option | Award | $0 | +1.45M | $0.00 | 1.45M | Apr 19, 2024 | Class A Common Stock | 1.45M | $4.33 | Direct | F3 |
Id | Content |
---|---|
F1 | Represents an award of restricted stock units (RSUs) that is a contingent right to receive Class A Common Stock upon vesting. The RSUs are scheduled to vest in equal installments on each of the first, second and third anniversaries of the grant date. |
F2 | Represents an award of performance restricted stock units (PSUs) that is a contingent right to receive Class A Common Stock upon vesting. Subject to the achievement of certain performance conditions based on Advantage Cash Earnings and Adjusted EBITDA Margin, the PSUs are scheduled to vest on the third anniversary of the grant date and may vest from 0% to 200% of the target number of PSUs reported on this Form 4. |
F3 | The stock option is scheduled to vest in equal installments on each of the first, second and third anniversaries of the grant date. |