Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RVLV | Stock Option (right to buy) | Options Exercise | $0 | -3.71K | -100% | $0.00 | 0 | Nov 6, 2024 | Class B Common Stock | 3.71K | $7.67 | Direct | F3, F4 |
transaction | RVLV | Class B Common Stock | Options Exercise | $0 | +3.71K | $0.00 | 3.71K | Nov 6, 2024 | Class A Common Stock | 3.71K | Direct | F4 | ||
transaction | RVLV | Class B Common Stock | Conversion of derivative security | $0 | -3.71K | -100% | $0.00 | 0 | Nov 6, 2024 | Class A Common Stock | 3.71K | Direct | F4 | |
transaction | RVLV | Stock Option (right to buy) | Options Exercise | $0 | -47.6K | -100% | $0.00 | 0 | Nov 6, 2024 | Class B Common Stock | 47.6K | $8.54 | Direct | F3, F4 |
transaction | RVLV | Class B Common Stock | Options Exercise | $0 | +47.6K | $0.00 | 47.6K | Nov 6, 2024 | Class A Common Stock | 47.6K | Direct | F4 | ||
transaction | RVLV | Class B Common Stock | Conversion of derivative security | $0 | -47.6K | -100% | $0.00 | 0 | Nov 6, 2024 | Class A Common Stock | 47.6K | Direct | F4 | |
transaction | RVLV | Stock Option (right to buy) | Options Exercise | $0 | -28.5K | -75% | $0.00 | 9.5K | Nov 6, 2024 | Class A Common Stock | 28.5K | $10.32 | Direct | F5 |
transaction | RVLV | Stock Option (right to buy) | Options Exercise | $0 | -11.8K | -20% | $0.00 | 47.1K | Nov 6, 2024 | Class A Common Stock | 11.8K | $13.05 | Direct | F6 |
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 | Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the reporting person. |
F2 | The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 7, 2024. |
F3 | The option vested and became exercisable on March 10, 2022. |
F4 | Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a one-for-one basis and has no expiration date. |
F5 | The stock option vests over five years, with 1/5th of the total shares vesting and becoming exercisable annually beginning on April 13, 2021 such that the option is fully vested and exercisable on April 13, 2025, in each case subject to the Reporting Person's continued service to the Issuer or any parent or subsidiary of the Issuer through each such date. |
F6 | The stock option vests over five years, with 1/5th of the total shares vesting and becoming exercisable annually beginning on September 15, 2024 such that the option is fully vested and exercisable on September 15, 2028, in each case subject to the Reporting Person's continued service to the Issuer or any parent or subsidiary of the Issuer through each such date. |