Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STRR | Common Stock | Options Exercise | +3.41K | +15.05% | 26.1K | Jul 27, 2024 | Direct | F1, F2, F3 | ||
transaction | STRR | Common Stock | Tax liability | -$5.28K | -1.08K | -4.15% | $4.88 | 25K | Jul 27, 2024 | Direct | F1, F4 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STRR | Restricted Stock Unit | Options Exercise | -3.41K | -33.34% | 6.83K | Jul 27, 2024 | Common Stock | 3.41K | Direct | F1, F2, F3, F5 |
Id | Content |
---|---|
F1 | On June 12, 2024, the Issuer effected a 1-for-5 reverse stock split (the "Reverse Stock Split"). The number of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split. |
F2 | Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. |
F3 | This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date. |
F4 | Shares withheld by Issuer to satisfy the minimum statutory tax withholding requirements on vesting of Restricted Stock Units. No shares were sold. |
F5 | On July 27, 2023, the Reporting Person was granted 10,240 Restricted Stock Units (after giving effect to the Reverse Stock Split). As to this grant, one-third of the Restricted Stock Units vested on July 27, 2024, one-third of the Restricted Stock Units are scheduled to vest on July 27, 2025, and one-third of the Restricted Stock Units are scheduled to vest on July 27, 2026, subject to the Reporting Person continuing to provide service through such date. |