Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SPIR | Class A Common Stock | Sale | -$218K | -30.7K | -1.79% | $7.10 | 1.68M | Aug 21, 2024 | Direct | F1, F2 |
holding | SPIR | Class A Common Stock | 395K | Aug 21, 2024 | By Spouse | F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | The shares were sold to cover taxes associated with the settlement of stock units, pursuant to an automatic sale-to-cover instruction in the applicable award agreement, which award agreements intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) were dated April 19, 2022, April 14, 2023, and March 7, 2024. |
F2 | Reflects a voluntary forfeiture of 262,500 restricted stock units that were initially granted on March 7, 2024. |
F3 | Theresa Condor and Peter Platzer, as husband and wife, share beneficial ownership of the securities held by each other. |