Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WW | Deferred Stock Unit | Award | $0 | +3.62K | +23.35% | $0.00 | 19.1K | Sep 27, 2024 | Common Stock | 3.62K | Direct | F1, F2 | |
transaction | WW | Restricted Stock Unit | Award | $0 | +600K | $0.00 | 600K | Sep 27, 2024 | Common Stock | 600K | Direct | F3, F4 |
Id | Content |
---|---|
F1 | Each Deferred Stock Unit represents a right to receive one share of Common Stock upon settlement. |
F2 | Pursuant to the Reporting Person's election, Deferred Stock Units will be settled into shares of Common Stock on the earlier of (i) for 11,007 shares, August 15, 2029 and for 8,091 shares, August 15, 2028 (at which time, such shares of Common Stock will be subject to transfer restrictions) and (ii) the date of the Reporting Person's separation from service from the Issuer's Board of Directors pursuant to the deferred compensation program for non-employee members of the Issuer's Board of Directors. Upon her appointment as Interim President and Chief Executive Officer of the Issuer effective September 27, 2024, the Reporting Person was no longer eligible to participate in the compensation program for non-employee members of the Issuer's Board of Directors. |
F3 | Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock. |
F4 | These awards granted on September 27, 2024 will vest one-sixth on each of October 27, 2024, November 27, 2024, December 27, 2024, January 27, 2025, February 27, 2025 and March 27, 2025. |