| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LEAT | Common Stock, par value $0.001 per share | Tax liability | $2.37M | +71.9K | +117.98% | $33.00 | 133K | Nov 16, 2021 | Direct | F1, F4 |
| transaction | LEAT | Common Stock, par value $0.001 per share | Tax liability | $1.76M | +53.3K | +40.14% | $33.00 | 186K | Nov 16, 2021 | Direct | F2, F4 |
| transaction | LEAT | Common Stock, par value $0.001 per share | Award | $376K | +12.5K | +6.72% | $30.06 | 199K | Dec 22, 2021 | Direct | F3, F4 |
| Id | Content |
|---|---|
| F1 | On August 24, 2017, the Issuer's Board of Directors approved a grant to the Reporting Person, of a ten-year option to purchase 78,000 shares of the Issuer's common stock at $1.60 per share under the 2011 Amended and Restated Equity Incentive Plan ("2011 Plan"), which vested in full on March 29, 2019. On November 16, 2021, the Reporting Person exercised his option to purchase 56,000 of these shares at an aggregate exercise price of $89,600. The purchase price was paid through a cashless transaction whereby the Issuer withheld 2,716 of the shares at the fair market value of $33 per share, in lieu of cash payment and the Reporting person received the remaining 53,284 shares. |
| F2 | On March 29, 2016, the Issuer's Board of Directors approved a grant to the Reporting Person, of a ten-year option to purchase 78,000 shares of the Issuer's common stock at $2.60 per share under the Issuer's 2011 Plan, which vested in full on December 31, 2019. On November 16, 2021, the Reporting Person exercised his option to purchase all 78,000 shares at an aggregate exercise price of $202,800. The purchase price was paid through a cashless transaction whereby the Issuer withheld 6,146 of the shares at the fair market value of $33 per share, in lieu of cash payment and the Reporting person received the remaining 71,854 shares. |
| F3 | On December 22, 2021, the Issue's Board approved the award of 12,500 restricted shares of the Issuer's common stock to the Reporting Person, pursuant to a Restricted Stock Award Agreement, under the Issuer's 2011 Plan. Sixty percent, or 7,500 shares, of the restricted stock vested on December 31, 2021, and the remaining forty percent, or 5,000 shares, will vest on four equal parts on March 31, 2022, June 30, 2022, September 30, 2022, and December 31, 2022, respectively; provided, however, that any unvested restricted stock will fully vest in the event of any change in control of the Issuer. |
| F4 | Total shares of common stock includes 60,901 shares of the Issuer's common stock directly held by the Reporting Person prior to the reporting date. |