Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SERV | Common Stock | Award | $0 | +100K | $0.00 | 100K | Oct 9, 2024 | Direct | F1 |
Id | Content |
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F1 | Represents shares of Common Stock underlying a time-based restricted stock unit award ("RSU"). The RSU will vest as to 1/4th of the total number of shares on the 1-year anniversary of October 7, 2024 (the "Cliff Period"), and 1/48th of the total number of shares shall vest on each monthly anniversary thereafter, for a total vesting period of 48 months. The equity award is subject to a pro rata acceleration upon an Involuntary Termination or Resignation for Good Reason (each as defined in the Offer Letter, dated as of September 28, 2024, by and between the Reporting Person and Serve Operating Co.) within the Cliff Period based on the number of months of service provided to the Company. |