Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LAD | Common Stock | Award | $0 | +31.9K | +15.1% | $0.00 | 243K | Feb 17, 2022 | Direct | F1, F2 |
holding | LAD | Common Stock | 3.63K | Feb 17, 2022 | by Son |
Id | Content |
---|---|
F1 | Restricted stock units were awarded and earned under a performance and time-vesting restricted stock unit agreement entered into in 2021. Compensation Committee certification of the achievement of the performance condition for the award occurred on the transaction date. Subject to the reporting persons continued employment with the issuer or any of its subsidiaries, the restricted stock units vest in installments on January 1 of each of 2023, 2024, and 2025. |
F2 | Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. |