Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NSSC | Common Stock | Sale | -$2.02M | -50K | -44.35% | $40.36 | 62.7K | Mar 12, 2024 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | NSSC | Employee Stock Option (Right to Buy) | 97.6K | Mar 12, 2024 | Common Stock | 97.6K | $22.50 | Direct | F3 | |||||
holding | NSSC | Employee Stock Option (Right to Buy) | 10K | Mar 12, 2024 | Common Stock | 10K | $26.94 | Direct | F4 |
Id | Content |
---|---|
F1 | The reporting person is a party to a Lock-Up Agreement with the underwriters identified therein pursuant to which he has agreed that, subject to certain exceptions as provided for in the Lock-Up Agreement, he will not dispose of his shares of the Issuer for a period of 90 days from March 5, 2024. The reporting person was permitted to make the sale reflected herein pursuant to an exception provided for in the Lock-Up Agreement which permitted the sale by him of up to 50,000 shares during the lock-up period. |
F2 | This transaction was executed in multiple trades at prices ranging from $40.00 to $40.71 per share. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected. |
F3 | Currently exercisable to the extent of 57,584 shares. Exercisable to the extent of 20,000 shares on each of October 19, 2024 and 2025. |
F4 | Exercisable, cumulatively, at 20% per year commencing August 25, 2022. |